Al Smith's Superette 2 S Main St 16,000 SF Retail Building Norfolk, NY 13667 $599,000 ($37.44/SF)





INVESTMENT HIGHLIGHTS
- Heavy commuter traffic
- 4 retail store fronts and 8 rental apartments
- Only grocery store within 4 miles in either direction
EXECUTIVE SUMMARY
This family owned store has been a staple of Norfolk, New York since 1907 and it is the heart of the town. With no other grocery stores within 4 miles in either direction and located on a major state highway that is the commuting route between Massena and Potsdam, there is tremendous exposure. This commercial building is comprised of a grocery store, a pizzeria, a space that was formally a hair salon, and an auto parts and hardware store. Additionally, there is a receiving warehouse and plenty of storage. Above the store there are four apartments and behind the store the second building has 4 more apartments. There is one efficiency apartment and the rest are 2 bedroom units. With almost 16,000 square feet, the possibilities are endless with this unique property. Located on the Raquette River, there is 86 feet of waterfront behind the buildings. The sellers also have a house with a 4 car garage and and another lot with a barn located next door for sale as well.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
16,000 SF
Building Class
C
Year Built/Renovated
1900/1980
Price
$599,000
Price Per SF
$37.44
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Lot Size
0.59 AC
Zoning
commercial
Frontage
178’ on South Main Street
AMENITIES
- Security System
- Waterfront
- Air Conditioning
PROPERTY TAXES
Parcel Number | 406289-032-067-0006-002-000-0000 | Improvements Assessment | $231,500 (2023) |
Land Assessment | $10,700 (2023) | Total Assessment | $242,200 (2023) |