7211 State Highway 68Ogdensburg, NY 13669

Property Details for 7211 State Highway 68

Year built

1990

Lot size

1.00 AC

Property size (Sq ft)

6,474 SF

Property type

Retail properties

Property subtype

Retail space

APN

406489 59.026-1-6

APU

4064895902616

Description

This 6,474 sq ft commercial property in Ogdensburg, NY, sits on a 1-acre lot and offers a turnkey business opportunity. Currently operating as Perry's Convenience Store, it boasts a high-traffic location near several towns and a thriving bottle/can redemption center averaging 30,000 cans daily (Monday-Friday) at $0.035 each. Ongoing improvements are projected to significantly increase volume and income. The sale includes all fixtures, machinery, shelving, and office items (excluding alcoholic beverages, commissioned items, and personal belongings). A well with a pump and softener (softener disconnected but functional) is located inside. Septic is on-site. The front store area is air-conditioned

• CAP approach

  CAP return

  Valuation

  6%

  $2,364,116

  6.5%

  $2,182,260

  7%

  $2,026,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,145,978

  Geo Method

  $2,131,650

• Alternative Use

  Use

  Valuation

  Residential

  $1,840,818

  Hospitality

  $1,686,180

  Educational

  $1,402,882

  Medical

  $1,451,129

  Retail

  $2,182,260

Location Insight

City

Ogdensburg

County

St. Lawrence

State

New York

Latitude

44.6875

Longitude

-75.4579

CBSA code

36300

CBSA name

OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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