78 State StHeuvelton, NY 13654

Property Details for 78 State St

Year built

1960

Lot size

0.14 AC

Property size (Sq ft)

2,050 SF

Property type

Retail properties

Property subtype

Banks

APN

406401 72.062-6-22.11

APU

4064017206262211

Description

This exceptional 3,075 square foot property, located at 78 State Street Unit 65 in Heuvelton, NY, presents a unique investment opportunity. Formerly a Community Bank, N.A. branch, this building boasts a prime location between Ogdensburg and Canton, offering convenient access to the Ogdensburg-Prescott International Airport and the bridge to Ottawa, Canada (less than ten minutes away). The property includes two parcels on a corner lot within a 30-mph zone, with one dedicated parking area. The exterior showcases durable split-face stone block construction, a slate-style embossed metal roof, attractive soffit dentil moldings, and elegant stained-glass transom windows. Inside, discover an open floor plan with impressive 11-foot ceilings, 10-foot solid hardwood doors featuring transoms, a wood-burning fireplace, elegant chandeliers, and custom moldings. Additional features include central air conditioning, a kitchenette, a sizable half bath, and a secure bank vault. The attic, with its 9-foot ceilings and existing electricity, offers significant potential for expansion. The dry basement, featuring 7.5-foot ceilings, houses the original bank vault, gas furnace, water heater, and ample storage space. Heuvelton is a vibrant village situated along the Oswegatchie River, offering a charming community with local shops, restaurants, and amenities within walking distance, including a K-12 school, market, diner, deli, antique store, gas station, salon, and parks. This property is ideal for a business seeking a high-visibility location or an individual looking to create a unique and spacious residence.

• CAP approach

  CAP return

  Valuation

  6%

  $748,600

  6.5%

  $691,016

  7%

  $641,657

• Comparable approach

  Method

  Valuation

  Relative Method

  $679,527

  Geo Method

  $674,990

• Alternative Use

  Use

  Valuation

  Residential

  $582,897

  Hospitality

  $533,931

  Educational

  $444,224

  Medical

  $459,502

  Retail

  $691,016

Location Insight

City

Heuvelton

County

St. Lawrence

State

New York

Latitude

44.6181

Longitude

-75.4078

CBSA code

36300

CBSA name

OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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