• Asking Price $485,000
  • 280 MAIN ST MASSENA, NY 13662

  • Commercial / Resale (MLS)

Property Details for 280 MAIN ST, MASSENA, NY 13662

Features

  • Lot Size: 11920
  • Stories: 1

Facts

  • Year Built: 01/01/2001
  • Property ID: 920255491
  • MLS Number: 50020
  • Parcel Number: 405801 9.075-7-26
  • Property Type: Commercial
  • County: SAINT LAWRENCE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. This property is in excellent condition with no deferred maintenance needed. The tenant is a government agency that has a lucrative lease with the intent to continue leasing for many years. The cap rate is 8.6% and additional financial information will be provided upon request. Note that this property is part of a larger portfolio consisting of five (5) different properties-three of which are leased by government agencies, one by a medical facility, and one that has five duplexes. The entire portfolio can be purchased at a reduced price. There is an additional lot across the street that is used for additional parking.

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Property Brokerage: Coldwell Banker Whitbeck Associates 35 Main St. Potsdam NY 13676
Copyright © 2024 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.