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    Investment properties

    619 Main St, Ogdensburg, NY 13669

    4,712 SF 0.82 ac lot Built 1990
    Entity Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-5280694
    Property summary
    AI-generated overview

    This exceptional 3.15-acre commercial property in Ogdensburg, NY, boasts stunning St. Lawrence River views. The site features two large storage units and a smaller garage, providing immediate utility and income potential. City water and sewer services are readily available, simplifying development and operational costs. The property's prime location offers unparalleled visibility and accessibility. The adjacent riverfront property, owned by the city, presents a unique expansion opportunity, potentially increasing the overall acreage and development possibilities. This presents a rare chance to acquire a substantial commercial parcel with existing structures and significant future growth potential. The existing buildings are well-suited for a variety of uses, from storage and light industrial to potential redevelopment. The expansive lot size allows for considerable flexibility in terms of future expansion or development. The picturesque riverfront setting adds significant aesthetic value and could be a key selling point for various businesses. This property is ideally suited for an entrepreneur or investor seeking a versatile commercial holding with substantial upside. The combination of existing structures, ample land, and the potential for riverfront expansion makes this a truly unique investment opportunity. Don't miss this chance to secure a prime commercial location with breathtaking views and significant development potential. The asking price is $325,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1990
    Total area 4,712 SF
    Lot 0.82 ac (35,719 SF)
    APN 401200 59.021-1-4.1
    UPID US63-5280694
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Basta's Flower Shop (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    UNITED HELPERS CARE, INC
    UNITED HELPERS CARE, INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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