49 Main St Ogdensburg, NY 13669
- Turn key restaurants
- 2,839 SF
- 0.36 lot acres
Current Use by Public Records
- Jreck Subs / Sandwich Shop / Takeout Restaurant
- Mobil / Gas Station / Convenience Store
- Twin Bridges Convenience Store / Convenience Store
Property Details for 49 Main St
- Year built
- 1990
- Lot size
- 0.36 lot acres
- Property size
- 2,839 SF
- Property type
- Turn key restaurants
- APN
- 401200 48.078-4-1.1
- APU
- 40120048078411
Description
This exceptional commercial property at 49 Main St, Ogdensburg, NY presents a unique investment opportunity. The 2,839 square foot single-level building is situated on a 0.36-acre lot in a highly desirable location. Its prime position offers excellent visibility and accessibility, boasting ample parking. The property benefits from its close proximity to the St. Lawrence River, marina, boat launch, restaurants, and other public amenities, ensuring high foot traffic and potential customer base. Currently operating as a well-established and well-known convenience store, the sale includes all existing equipment, recently updated and purchased. This turnkey operation is ideal for a new owner seeking an immediate return on investment. However, the versatile space also presents significant potential for a wide range of alternative commercial uses. Whether you envision expanding an existing business or establishing a new venture, this property offers a blank slate for creative entrepreneurship. The numerous possibilities make this an attractive proposition for buyers seeking a profitable and strategically located commercial space in a vibrant community. The asking price is $349,000. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $370,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $365,000
- Mixed-Use
- $345,000
- Hospitality
- $345,000
- Educational
- $480,000
- Residential Income
- $345,000
- Energy
- $450,000
- Income-Based Land
- $435,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Ogdensburg
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.4985
- Latitude
- 44.694
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
