Property profile

6641 State Hwy 58 Gouverneur, NY 13642

OFF-MARKET
Investment properties
Property ID
US63-6119670
2,400 SF 0.34 ac lot Built 1991
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 600-square-foot commercial property, situated on a 0.3-acre lot at 6641 State Highway 58 in Gouverneur, NY, presents a unique investment opportunity. Currently operating as a thriving restaurant and store known as Fisherman's Cove, this business boasts a loyal customer base drawn from the proximity to Pleasant and Black Lake. The sale includes all necessary equipment for immediate operation, eliminating the need for significant upfront investment. This includes a fryer, meat slicer, flat grill, walk-in cooler, shelving, refrigerators, freezers, tables, chairs, and a chlorination system. Inventory is available for negotiation. The property also features a 1000-gallon gas tank with a spare pump and a 10x20 storage building. Adding to its versatility, the existing office space was previously an apartment and could easily be converted back. The current owners are offering training to ensure a smooth transition and are willing to assist with financing options for qualified buyers with a substantial down payment. This turnkey operation offers a rare chance to acquire an established, profitable business with significant growth potential. The property's prime location and existing infrastructure provide a solid foundation for continued success. Don't miss this opportunity to own a thriving business in a desirable location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1991
Total area 2,400 SF
Lot 0.34 ac (14,980 SF)
APN 405400 143.045-1-10
UPID US63-6119670

Cap rate & NOI

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

Location

6641 State Hwy 58 Gouverneur, NY 13642-3236
Gouverneur metro Census 492800 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2015
3 recorded transactions
2015
$110,000
2007
$130,000
1969
Price N/A

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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