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Property profile & analytics
FOR SALE
Retail space

708 James St Clayton, NY 13624

3,076 SF 0.23 ac lot Built 1850
Individually Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US63-1275798
Property summary
AI-generated overview

This exceptional commercial property at 708 James Street in Clayton, NY, presents a unique investment opportunity. Boasting nearly 4,900 square feet of space, this building has undergone extensive interior and exterior renovations within the last decade, resulting in striking curb appeal. Its prime location ensures high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The property's history includes use as an office building and, more recently, a successful salon and spa, demonstrating its adaptability to diverse business needs. The sale includes not only the main building but also an additional parcel, expanding the total land area to 0.43 acres and providing an impressive 132 feet of road frontage. This substantial frontage offers excellent accessibility and ample space for parking or future expansion. The building's recent renovations ensure it's move-in ready, minimizing upfront capital expenditures. The combination of size, location, recent improvements, and the added land parcel makes this property a compelling investment opportunity in the thriving Clayton market. The versatility of the space allows for a wide range of potential uses, making it an attractive prospect for discerning buyers seeking a well-maintained, high-visibility commercial property. The expansive square footage and ample land provide significant potential for growth and adaptation to future business needs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1850
Total area 3,076 SF
Lot 0.23 ac (10,019 SF)
APN 223201 20.55-1-15
UPID US63-1275798
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MERLE L WHITEHEAD
MERLE L WHITEHEAD
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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