11 Court StCanton, NY 13617

Property Details for 11 Court St

Year built

1962

Lot size

0.17 AC

Property size (Sq ft)

8,840 SF

Zone code

01 - NOT ZONED

Property type

Office properties

Property subtype

Office buildings

APN

402201 88.042-3-34

APU

40220188042334

Description

This exceptional mixed-use property, located at 11 & 21 Court Street in Canton, NY, presents a unique investment opportunity. The 8,804 square foot building, situated on a 0.17-acre lot, underwent significant renovations in 2024, including a complete roof replacement and various interior updates. The two-story brick building boasts a prime location at the intersection of US Route 11 and Park Street, ensuring high visibility and accessibility. The first floor features a reception area, a large conference room, five private offices, a filing room, kitchenette, and a half-bath. The second floor offers a spacious central work area, three additional private offices, a large library, a kitchen, and another half-bath. A separate area currently generates $2,000 per month in rental income (sale of property only, business not included). The building also includes a basement for storage and is equipped with central air conditioning and a zoned hot water natural gas furnace. The flexible interior layout is suitable for a wide range of commercial uses. Public parking is conveniently located at the rear of the building. The property is zoned for commercial use and offers excellent potential for a variety of businesses. Traffic counts are available upon request. This is a turnkey opportunity to acquire a well-maintained, updated commercial building in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,195,993

  6.5%

  $2,027,070

  7%

  $1,882,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,162,798

  Geo Method

  $1,155,034

• Alternative Use

  Use

  Valuation

  Residential

  $2,513,568

  Hospitality

  $2,302,414

  Educational

  $1,915,582

  Medical

  $1,981,461

  Retail

  $2,979,794

Location Insight

City

Canton

County

St. Lawrence

State

New York

Latitude

44.5961

Longitude

-75.1696

CBSA code

36300

CBSA name

OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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