52 Liberty Ave Massena, NY 13662
- Warehouses
- 21,388 SF
- 0.58 lot acres
Current Use by Public Records
- Warehouses
Property Details for 52 Liberty Ave
- Year built
- 1950
- Lot size
- 0.58 lot acres
- Property size
- 21,388 SF
- Zone code
- CTD
- Property type
- Warehouses
- APN
- 405801 9.051-2-47
- APU
- 4058019051247
Description
This exceptional commercial property, situated at 52-54 Liberty Avenue in Massena, New York, presents a compelling investment opportunity. The property boasts a total of 26,428 square feet of space, strategically divided into a primary warehouse building of 21,388 square feet and a secondary building of 5,040 square feet. Ideally located approximately 10 miles from the Canadian border, this property benefits from excellent access to transportation routes and a strong regional market. The warehouse features high ceilings, multiple loading docks, and numerous garage doors, facilitating efficient loading and unloading operations. The property also includes air-conditioned office spaces, perfect for administrative functions, and a substantial walk-in cooler and refrigeration area, suitable for various businesses. The previous occupant was a beer distributorship, highlighting the property's suitability for storage and distribution-related enterprises. A key advantage is the direct railroad access located behind the property, providing convenient freight transportation options. Furthermore, the property is situated within the Massena Electric District, ensuring reliable power supply. This property is priced at $950,000 and offers significant potential for a wide range of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $570,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $620,000
- Retail
- $565,000
- Mixed-Use
- $505,000
- Hospitality
- $510,000
- Educational
- $490,000
- Residential Income
- $650,000
- Energy
- $535,000
- Income-Based Land
- $490,000
- Food Service
- $505,000
Location Insight
- Map
- Local Demand
- City
- Massena
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.8834
- Latitude
- 44.9395
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA