426 428th S Main St, Massena, NY 13662
This exceptional 7,822 square foot multi-family property located at 426 Main St, Massena, NY, presents a compelling investment opportunity. Situated on a 0.42-acre lot, this building offers significant versatility due to its flexible zoning, accommodating a wide range of commercial uses from retail to automotive sales. The property's current configuration includes a spacious two-bedroom apartment on the upper level, currently generating a monthly income of $1,700 from the first floor alone. This income stream provides immediate return on investment, while the expansive commercial space below offers significant potential for further revenue generation. The building's substantial size and prime Main Street location in Massena, NY, ensure high visibility and accessibility. This property is an ideal choice for investors seeking a blend of immediate income and long-term growth potential. The adaptable zoning allows for a variety of business ventures, making it a truly unique and valuable asset. The existing rental income provides a solid foundation for future expansion and development. This is a rare opportunity to acquire a well-located, income-producing property with significant upside potential in a thriving community. Don't miss this chance to secure a valuable piece of Massena real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CTD · Massena, NYMassena. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.