56 12th Main St, Massena, NY 13662-1973
This 2,958 sq ft commercial building at 56 1/2 Main St, Massena, NY, presents a unique investment opportunity. Previously housing the Courier Observer, this property boasts convenient downtown location, next to Town Hall and the Massena Police Department. Ample public parking is available, and the building offers direct dock access. Located within the Downtown Revitalization Initiative (DRI) zone, the property has already received funding through the Core of the Community Grant and the IDA. While future grant applications would need to be submitted by a new owner, this pre-existing funding provides a significant advantage. The versatile space, offering 2,958 square feet, is ideal for a wide range of commercial uses. Imagine a sandwich shop, indoor skateboarding park, small concert venue, arts center, martini bar, dance studio, retail shop, office space, or comedy club – the possibilities are endless. This is a chance to be part of Massena's downtown revitalization and create a thriving business in a prime location. The property sits on a 0-acre lot. The asking price is $29,900. Don't miss this chance to own a piece of Massena's history and shape its future.
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Downtown Outreach Center Child Welfare Organization Charitable Organization
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
CBD · Massena, NYMassena. 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.