For Sale
$425,000

203 State StOgdensburg, NY 13669

High-income potential, updated 25,000 sq ft.

Overview

Added:
Feb 3
Days on market:
63
This meticulously maintained three-story commercial/multi-use property at 203 State Street in Ogdensburg, NY, presents a significant investment opportunity. Boasting 25,092 square feet on a 0.3-acre corner lot, this building offers exceptional visibility and accessibility. The attractive stone exterior is in pristine condition, complemented by recent upgrades including a new rubber roof (2023), a modernized boiler system, updated electrical and lighting systems, plumbing improvements, new windows, and fresh flooring. The property currently generates income through a long-term lease with an attorney's office. A substantial amount of additional space is available for lease, creating further income potential. The current owners, Northern Physical Therapy, are also interested in a long-term lease, providing a ready-made tenant and immediate return on investment. The property features a large paved rear parking area, maintained by the city and shared with other businesses, ensuring ample parking for tenants and clients. This property's size, location, and recent renovations make it an ideal investment for entrepreneurs, established businesses, or investors seeking substantial growth potential. The combination of existing income and the potential for additional leasing makes this a truly compelling opportunity in the thriving Ogdensburg market.

Property Details for 203 State St

Property type
Square Feet
25,092 SF
Year Built
1950
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Ogdensburg
County
St Lawrence
State
New York
Latitude
44.6983
Longitude
-75.49384
203 State St, Ogdensburg, New York

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203 State St
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