5235 State Rte 37, Malone, NY 12953-4131
This exceptional mixed-use property, situated on over 10 acres of land along the heavily trafficked State Route 37 in Malone, NY, presents a remarkable investment opportunity. The property comprises three substantial buildings, offering a versatile canvas for a variety of commercial ventures. The main building boasts over 8,000 square feet of space, intelligently divided to include ample retail space at the front, a spacious warehouse area ideal for storage in the rear, and a convenient one-bedroom apartment. This layout provides flexibility for owner-occupancy or rental income generation. The two additional buildings, each measuring 40 x 60 feet, offer significant additional space, perfect for expansion, storage, or independent operations. The expansive lot size allows for ample parking, outdoor storage, or even potential subdivision, subject to local zoning regulations. The property's strategic location on a major state highway ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Malone area. The property is being sold in its current "as is" condition, presenting a unique chance to acquire a substantial commercial holding with significant upside potential. Bring your vision and capitalize on this exceptional opportunity.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Malone, NYMalone. Always verify with local authorities before improvements.
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.