900 State StOgdensburg, NY 13669

Property Details for 900 State St

Year built

1968

Lot size

0.28 AC

Property size (Sq ft)

4,642 SF

Property type

Turn key restaurants

APN

401200 59.023-4-1

APU

4012005902341

Description

This exceptional investment opportunity encompasses a thriving, fully operational restaurant located at 900 State Street, Ogdensburg, NY, along with an adjacent single-family home at 314 Canton Street. The restaurant boasts approximately 2,940 square feet of space and includes all kitchen equipment, a walk-in cooler, and multiple freezers. Everything needed to continue operations immediately is included in the sale. The sale also includes the land and building of both properties. The 0.18-acre lot provides ample space for the restaurant and the adjacent home. Note that the tax records do not accurately reflect the square footage of the restaurant. This combined property offering presents a unique chance to acquire a profitable business and a residential property simultaneously. This listing is part of a larger five-parcel package sale (MLS# S1448742), with supporting tax documents, property information, and maps available for review. The asking price for this combined property is $299,000. Owner financing may be available, making this an even more attractive proposition for qualified buyers. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial information and supporting documentation are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $1,330,820

  6.5%

  $1,228,450

  7%

  $1,140,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $635,025

  Geo Method

  $630,785

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,408,290

  Mixed-Use / Specialty

  $1,218,950

  Hospitality / Lodging

  $887,629

  Office

  $1,206,370

  Institutional / Educational

  $1,265,380

  Residential Income

  $1,480,500

  Multifamily

  $1,804,050

  Automotive / Energy

  $1,084,610

  Parking / Income-Based Land

  $379,352

  Restaurant / Food Service

  $623,044

  Healthcare / Senior Housing

  $1,255,260

Location Insight

City

Ogdensburg

County

St. Lawrence

State

New York

Latitude

44.6912

Longitude

-75.4868

CBSA code

36300

CBSA name

OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].