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    Property profile & analytics
    OFF-MARKET
    Strip malls

    316 Cornelia St, Plattsburgh, NY 12901

    17,000 SF 0.5 ac lot Built 1983
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US63-0104871
    Property summary
    AI-generated overview

    This turnkey axe throwing business in Plattsburgh, NY, presents a unique investment opportunity. Currently operating successfully, the venue boasts seven throwing lanes, comfortable seating areas, and even dart facilities, providing a complete entertainment experience. The business has cultivated a strong local following, attracting both individual customers and corporate groups for team-building events. Its established online presence facilitates effective marketing and customer engagement. The monthly rent is $1,500, inclusive of all utilities. Insurance costs are $400 per month, and workers' compensation for one employee is $104 monthly. A separate tenant, a knife shop, contributes $400 in monthly rent. The business is poised for expansion, with opportunities to increase revenue through leagues, specialized events, or the addition of food and beverage services. Financial details are available upon request to qualified buyers. This is a rare chance to acquire a profitable, established business with significant upside in a growing market. The property is located at 316 Cornelia St, Plattsburgh, NY, and is priced at $65,000.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1983
    Total area 17,000 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code 12
    APN 091300 207.17-1-15.2-2
    UPID US63-0104871
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Plattsburgh Plaza Shopping Center & Mall
    • U-Haul Neighborhood Dealer Car Rental Facility
    • Maui North Ski & Bicycle Company LLC (Bike/Boat/Book/etc) Store
    • Big Lots Discount Store
    • CM SR22 Insurance Group Financial Advisor Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hmc Nominee Co LLC · 18 yrs held
    Hmc Nominee Co LLC
    since 2007
    1 recorded transaction
    2007
    Zoning & alternative use
    12 · Plattsburgh, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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