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Property profile & analytics
FOR SALE
Office buildings

35 Glenn St Massena, NY 13662

6,040 SF 0.55 ac lot Built 1975
Individually Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US63-0343611
35 Glenn St, Massena, NY 13662 For Sale
$400,000 6,040 SF
35 Glenn St, Massena, NY 13662
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Property summary
AI-generated overview

This 6,040-square-foot commercial building in Massena, NY, presents a compelling investment opportunity. Strategically located in the heart of Massena, the property boasts a desirable mix of existing and vacant space. A portion of the building is currently leased to the Department of Labor under a five-year renewable lease, providing immediate and stable income. The remaining space, previously utilized by BOCES as classrooms, is now available for lease, offering significant potential for increased revenue. The building itself is in excellent condition, featuring a durable metal roof, efficient gas heating, and central air conditioning, minimizing maintenance costs and maximizing tenant comfort. Ample off-street paved parking is available for tenants and visitors. This property offers a blend of secure existing income and significant upside potential through the lease of the vacant space, making it an attractive investment for discerning buyers seeking a strong return on investment in a thriving community. The building's size and features make it suitable for a variety of commercial uses, providing flexibility for future tenants and maximizing the property's long-term value. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a prime Massena location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 6,040 SF
Lot 0.55 ac (23,760 SF)
Zoning code CBD
APN 405801 9.067-3-41
UPID US63-0343611
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
  • Massena Career Center Employment Agency
  • NYS Department of Labor Government Office State Government Office
  • GED Preparation Boces High School
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
PHILLIP SCHWARTZ
PHILLIP SCHWARTZ
Zoning & alternative use
CBD · Massena, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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