For Sale |
5 + Unit Apartments |
3 James Street Street , Alexandria Bay, NY 13607
$849,000
For Sale |
5 + Unit Apartments |
3 James Street Street , Alexandria Bay, NY 13607
$849,000
| 0.3137 acres |
16,712 sq ft |
7 apts |
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Property Description
INCREDIBLE MULTI-USE BUILDING WITH 7 RESIDENTIAL UNITS & 5,700+ SQ. FT. OF COMMERCIAL GROUND FLOOR RENTAL SPACE IN ALEX BAY, NY! Premier location in the heart of the 1000-Islands surrounded by local restaurants, retail stores & entertainment options. The building also overlooks the brand new James St. Dock & St. Lawrence River. Profitable multi-family investment opportunity with a strong historical occupancy. All 7 apartments are rented. The ground floor’s occupancy is also strong. Past tenants include River Hospital admin offices, a nightclub & retail businesses that took advantage of the profitable storefront exposure thanks to the large windows that look onto James St. There’s also a thriving ground-floor coffee shop. Each residential unit includes an off-street parking spot on the side of the building. Unlimited paid street parking is also available. This building is perfectly situated near the St. Lawrence River & benefits from the abundant volume of tourist activity resulting from its world class fishing, boating, & sightseeing tours. Interstate-81, NY State Route 12, Thousand Islands Bridge, & U.S.-Canada Border are nearby, providing superior accessibility for tenants.
Property Summary
| Type | 5 + Unit Apartments | MLS # | S1513835 |
| Stories | 3 | Year Built | 1927 (97 years old) |
| Apartments | 7 | Est. Taxes | $13,879 |
Features
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Other Information |
| Buyer Agent Compensation | 3 | |
| Compensation Disclaimer: | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
View Location Map for 3 James Street Street , Alexandria Bay, NY 13607
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