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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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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11,960SQFT
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$75$/SQFT
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!
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 BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2023-03-31T00:13:39.72.
Listing information © 2023 CNYIS, GENRIS, WNYREIS. Listing provided by Brian D Murphy of Mytown Realty Llc : [IDXCONTACTINFORMATION].