Technical
Financial
Distress signals
Property profile

5 Masonic Ave Camden, NY 13316

OFF-MARKET
Warehouses
Property ID
US63-0060408
16,720 SF 0.43 ac lot Built 1970
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a thriving, historically significant hardware store – the 8th oldest in the US – along with multiple income-generating properties. The main hardware store, located at 59 and 61 Main Street, Camden, NY, boasts a rich 175-year history and is fully operational. The sale includes a substantial inventory of appliances, pellets, paint (with a two-year-old mixing machine), and more. Equipment included in the sale comprises two forklifts, a truck with a lift (lease assumption by buyer), and two pallet jacks. A complete point-of-sale (POS) system is also part of the transaction. Further enhancing the investment potential are two one-bedroom apartments situated above 61 Main Street, generating rental income. A separate 5,600 square foot office space at 5 Masonic Avenue, Camden, NY, also produces rental income. This property includes an attached 4,000 square foot pole barn, ideal for inventory storage. A warehouse on South Park Street is also included in this comprehensive package. The total land area is 0.43 acres, and the combined square footage of all buildings exceeds 10,437 square feet. This turnkey business and real estate portfolio presents a rare chance to acquire a well-established, profitable enterprise with significant growth potential. The asking price for this unique offering is $995,000. This sale includes properties with MLS numbers S1505310, S1505322, S1505326, and S1535329.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 16,720 SF
Lot 0.43 ac (18,705 SF)
Zoning code 01 - NOT ZONED
APN 303001 147.005-2-1
UPID US63-0060408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Medical Clinic
  • Physician
  • Physician

Location

5 Masonic Ave Camden, NY 13316-1234
Camden metro Census 24500 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2006
1 recorded transaction
2006
$125,000

Zoning & alternative use

01 - NOT ZONED · Camden, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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