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59 Market Street

Potsdam, NY 13676
  • $899,900
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: S1442552
UPDATED: 80 min ago
$899,900
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,960
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

Description

Incredible investment opportunity for Owner Operator or Investor!! Brick 3 story 11,000 sq ft mixed use building in the heart of downtown Potsdam consists of 9 apartments plus McDuffs Bar & Grill, a 30+ year business in a quaint college town. 8% Cap Rate. Sale includes building, business, & all equipment (new in 2015-see list)! Apartments are fully occupied on m/m leases, separately metered electric; 2-studio, 6-1 bed, 1-2 bed. Building improvements include rubber membrane roof, all new windows-5 yrs, and new high efficiency boiler in 2022! Centrally located to Clarkson University, SUNY Potsdam, and Canton-Potsdam Hospital. Solid cash flow with upside potential!

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©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-12-09T00:13:49.54.
www.nnywaterfronthomes.com/homes/134746492
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59 Market Street Potsdam, NY 13676

  • Price: $899,900
  • Status: Active
  • On Site: 26 Days
  • Updated: 80 min ago
  • MLS #: S1442552
0
Beds
0
Baths
0
½ Baths
0.07
Acres
11,960
SQFT
$75
$/SQFT
1950
Built
Neighborhood:
Potsdam-Village-407403
County:
St Lawrence
Area:
Potsdam-Village-407403
School District:
Potsdam
Property Description
Incredible investment opportunity for Owner Operator or Investor!! Brick 3 story 11,000 sq ft mixed use building in the heart of downtown Potsdam consists of 9 apartments plus McDuffs Bar & Grill, a 30+ year business in a quaint college town. 8% Cap Rate. Sale includes building, business, & all equipment (new in 2015-see list)! Apartments are fully occupied on m/m leases, separately metered electric; 2-studio, 6-1 bed, 1-2 bed. Building improvements include rubber membrane roof, all new windows-5 yrs, and new high efficiency boiler in 2022! Centrally located to Clarkson University, SUNY Potsdam, and Canton-Potsdam Hospital. Solid cash flow with upside potential!
Exterior Features

Construction Materials Brick Parking Features Parking Fee Parking Total 1 Roof MembraneRubber Waterfront YN No

Interior Features

Basement Full Cooling OtherSee Remarks Fireplace YN No Fireplaces Total 0 Flooring HardwoodVaries Heating GasOtherSee RemarksHot WaterRadiant Heating YN Yes

Property Features

Business Type Bar/Tavern/Lounge Documents Available InventoryOtherSee Remarks Gross Income 92710 Inclusions LandBuilding And Business Lease Considered YN No Listing Terms Cash Possession Close Of Escrow Possible Use OtherResidentialRestaurantSee Remarks Property Sub Type Business Special Listing Conditions Standard Tax Annual Amount 17790 Zoning 01 Zoning Description Other - See Remarks

Chautauqua-Cattaraugus Board Of Realtors logo Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing provided by Brian D Murphy of Mytown Realty Llc : 315-497-6500.
©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-12-09T00:13:49.54.
 
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WEICHERT, REALTORS® - Thousand Islands Realty
306 James Street
Clayton NY, 13624