1 Franklin StOgdensburg, NY 13669

  • Land
  • 1.32 AC
For Sale
$550,000 View listing

Property Details for 1 Franklin St

Year built
1970
Lot size
1.32 AC
Property type
Land
Property subtype
Commercial land
APN
401200 48.071-1-3
APU
4012004807113

Description

This exceptional 550,000 USD commercial property boasts an unparalleled location on the St. Lawrence River in Ogdensburg, New York. The lot offers an impressive 209 feet of river frontage and extends 275 feet deep, providing ample space for a variety of commercial developments. A significant advantage is the presence of a large paved parking lot, eliminating the need for extensive site preparation. The property's previous connection to city water and sewer services, along with existing electric service, simplifies the development process and reduces initial infrastructure costs. Its strategic location offers easy access to key amenities and attractions. The Ogdensburg Greenbelt and Marina are within close proximity, as is the Patterson Street City boat launch. Furthermore, the renowned Remington Museum and the vibrant downtown area are conveniently within walking distance, ensuring high visibility and accessibility for any commercial venture. This unique offering presents a rare chance to capitalize on the stunning riverfront setting and the thriving community of Ogdensburg. The property's size and existing infrastructure make it an ideal site for a diverse range of commercial uses, from restaurants and retail spaces to offices and recreational facilities. Don't miss this exceptional opportunity to establish a thriving business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,349,277
    Hospitality
    $14,975,850
    Educational
    $12,459,732
    Medical
    $12,888,241
    Retail
    $19,381,804
1 Franklin St, Ogdensburg, New York

Location Insight

City
Ogdensburg
County
St. Lawrence
State
New York
Latitude
44.7013
Longitude
-75.493
CBSA code
36300
CBSA name
OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$150,000
-
$150,000
-
$150,000
-
$150,000

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