Seller Financing
Address
3 James Street, Alexandria, NY
Price
$ 849,000
Property Attributes
  • MLS#S1513835
  • TypeCommercial
  • CountyJEFFERSON
  • CityAlexandria
  • AreaAlexandria-Village
  • Zip13607
  • Style
  • Year Built1927
  • Taxes$ 13879
  • Price$ 849,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16712
  • Lot Size0.313682 Acres
Data Source:
Central New York Information Services (CNYIS)
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.

Price History
12/16/2023 Listed $849,000

General Features

Interior Features NaturalWoodwork
Sewer Connected
Heating Electric
Utilities CableAvailable,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Asphalt,Flat,Membrane,Pitched,Rubber
Appliances Dishwasher,ElectricCooktop,ExhaustFan,ElectricOven,ElectricRange,PropaneWaterHeater,Refrigerator,RangeHood
Exterior Features BlacktopDriveway
Garage Spaces 0.0
Construction Materials Stone,WoodSiding
Year Built 1927
Stories 3
Township Alexandria-Village
Property SubType Other
OwnerPays Other,SeeRemarks
Community Features LaundryFacilities
County Jefferson
Net Operating Income -13879.0
Property Type CommercialSale
Garage Y/N No
Rent Includes Other,SeeRemarks
Status Active
Directions From Watertown,take I-81N ramp to Alexandria Bay/Canada. Take exit 50N for NY-12N toward Alexandria Bay. Take NY-12N to Church Street. Turn left onto Church Street. Turn left onto James Street. Build
City Alexandria
High School District Alexandria
Total Units 7
MLS Area Alexandria-Village-222201
Lot Size Square Feet 13664.0
Waterfront Y/N No
Street Name James
Year Built Details Existing
Tax Annual Amount 13879.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1513835
Days on Market 88
Standard Status Active
Middle/Junior School District Alexandria
Elementary School District Alexandria
Tax Assessed Value 412000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 34
Property Sub Type Additional Other

Interior Features

Basement Full
Flooring Carpet,Hardwood,Laminate,Other,SeeRemarks,Varies
Total Fireplaces 1
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Street
Laundry Features CommonArea,Coinoperated
Total Bedrooms 7

Exterior Features

Parking Features OneSpace,Driveway,NoGarage,SharedDriveway
Water Source Connected,Public
Lot Size Area 0.3137
Building Area Total 16712.0
Lot Dimensions 122X112
Lot Size Acres 0.3137
Lot Size Units Acres
Road Frontage Type MainThoroughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13607

Price
AVG $1.05M
$850K
Taxes
AVG $14,200
$13,879
Visits
AVG 90
119
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1927

Areas We Cover

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