302 Ford St Ogdensburg, NY 13669
- Turn key restaurants
- 2,048 SF
- 0.08 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 302 Ford St
- Year built
- 2002
- Lot size
- 0.08 lot acres
- Property size
- 2,048 SF
- Property type
- Turn key restaurants
- APN
- 401200 48.079-1-43
- APU
- 40120048079143
Description
This exceptional 2,048 square foot commercial property, located at 302 Ford Street in Ogdensburg, NY, presents a unique investment opportunity. Situated at a bustling intersection, this building enjoys high visibility and proximity to residential areas and other businesses. Constructed in 2002 and completely renovated with premium materials, the interior is currently configured as a fast-food restaurant, featuring an open floor plan with order/serving counters, a fully equipped food preparation area with ample cabinetry, a dedicated dishwashing and storage area, and a utility room. Two handicapped-accessible bathrooms ensure compliance with ADA standards. The space also includes central air conditioning, a security system, and four televisions ideal for advertising. Two outdoor patio dining areas provide additional seating, and a large adjacent lot offers potential for expansion, additional outdoor dining, or parking. The property's on-demand hot water system enhances efficiency. While currently set up for a fast-food operation, the versatile layout allows for easy adaptation to various business types. Pizza ovens and some equipment will be removed before sale. The seller may consider a lease-to-own option with a substantial down payment. This is an exceptional opportunity to establish or relocate your business in a high-demand location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $285,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $335,000
- Mixed-Use
- $265,000
- Hospitality
- $335,000
- Educational
- $250,000
- Residential Income
- $315,000
- Energy
- $280,000
- Income-Based Land
- $325,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Ogdensburg
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.4927
- Latitude
- 44.6978
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA