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6604 State Highway 56
Potsdam, NY 13676
Allstate · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • This is a chance to purchase an established investment property with long term tenatants.
  • Recent updates to apartments make these some of the most rentable in the area!
  • So much room to expand and capitilze on your investment!!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
15,840 sq ft
Costar Property Class
C
Year Built
1984
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.04
Total Plot Size
9.00 ac
Parking
90 Spaces (5.68 Spaces per 1,000 sq ft Leased)
Frontage
341 ft on State Highway 56

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 6604 STATE HIGHWAY 56 , POTSDAM, NY 13676

Are you looking for an opportunity to acquire a proven income generator to add to your investment portfolio? Look no further! With 8 commercial business spaces and 9 newly renovated apartments, and a separate 8400 sq ft day care building, the income potential is endless. This sale includes 4 separate parcels which total approx. 9 acres of land. The house to the left of office building is also included and could be remodeled to rent or torn down to increase parking availability. Located on SH 56 just outside of Potsdam, NY, it's proceeded by the busiest intersection in the Potsdam market, with a vehicle count of almost 16,000 daily. You couldn't ask for better visibility for your commercial tenants or a more convenient location for your residential tenants to support local businesses to shop for their everyday needs. There are 9 apartments upstairs, 6, 2 bedroom, 1 bath and 3, 1 bedroom, 1 bath. Current owner has never allowed pets or smoking in the building. There are also 8 commercial/office spaces located downstairs in the building. The current tenants include: All State Insurance, Healey Medical Practice, Today's Hair, St. Lawrence Business Services, and Dr. Alisa Woods and in the 8,400 sq ft building located in the rear of the main building is Kinder Care Day Care Center. For more information on this property please contract the listing agent, Melissa Proulx from Meyer Real Estate LLC at 315-212-1255.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
407489-064-034-0004-014-000-0000
Land Assessment
£42,970
Improvements Assessment
£225,909
Total Assessment
£268,879
  • Listing ID: 17396306

  • Date on Market: 08/10/2019

  • Last Updated:

  • Address: 6604 State Highway 56, Potsdam, NY 13676

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