32523 Rt-12, Clayton, NY 13624
32523 Rt-12, Clayton, NY 13624
32523 Rt-12, Clayton, NY 13624
32523 Rt-12, Clayton, NY 13624
32523 Rt-12, Clayton, NY 13624
32523 Rt-12, Clayton, NY 13624
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$ 299,900
Est. payment | /mo

4,800 SqFt


$ 299,900
Est. payment | /mo

4,800 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $62

MLS Listing ID S1680180

Construction Status Existing

HOA Y/N No

Year Built 1940

Annual Tax Amount $184,918

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 233X130

Property Sub-Type Commercial

Property Description

Excellent investment opportunity! Well-maintained 4-unit commercial property with 100% occupancy and a strong rental history. The anchor tenant, the U.S. Post Office, is secured with a long-term lease, providing stable and reliable income. Additional occupied units include a contractor's office, a beauty salon, and a fully operational turnkey diner. Located in a high-traffic area with great visibility, this property is ideal for investors seeking immediate cash flow and long-term stability.

Property Highlights:

4 Total Units – Fully Occupied
Long-Term Anchor Tenant (Post Office Lease)
Diverse Tenant Mix
Turnkey Income Property
High Traffic / High Visibility Location
Strong Return Potential

Unit Breakdown:

Unit 1 – U.S. Post Office
Unit 2 – Contracting Company
Unit 3 – Beauty Salon
Unit 4 – Diner

Additional Property Information:
Property is serviced by a well with a consistent, reliable supply and is chlorinated on site. A survey has been completed within the past three years. Sewer is managed via a holding tank located behind the building, currently serviced on a twice-yearly schedule, with a dedicated leach line to the village sewer system.

A partial basement (under approximately half of the building) is accessible from the diner unit as well as an exterior entrance. This space houses the furnace, water heater, chlorination system, walk-in cooler, and fuel oil tank for the diner. There are four separate, updated electrical panels located in this area. There is one water heater servicing all four units.

The U.S. Post Office is heated with propane, has its own furnace located in the attic, and has two dedicated propane tanks.

Both the contracting company unit and beauty salon are heated with electric baseboard heat, with utilities paid directly by the leaseholders. The diner features a mini-split system and is heated with fuel oil. It also has its own propane tanks servicing the gas appliances.

The U.S. Post Office operates under a 15-year lease with scheduled rent increases of $50 every five years. At this time, viewing of the U.S. Post Office space is limited to the lobby area only.

Location

State NY

County Jefferson

Area Clayton-223289

Zoning 32015

Direction From Watertown, head north on NYS Route 12 to Depauville. From Clayton, head south on NYS Route 12 toward Depauville. From Chaumont, take County Route 179 to Depauville, then turn right at the end of the street.

Rooms

Basement Partial

Interior

Heating Electric, Propane, Oil, Baseboard, Multiple Heating Units

Inclusions Equipment, Land and Building

Fireplace No

Exterior

Exterior Feature Propane Tank - Leased

Utilities Available Electricity Available, Electricity Connected

Roof Type Metal

Total Parking Spaces 20

Building

Lot Description Irregular Lot

Story 1

Sewer Other, Septic Tank, See Remarks

Level or Stories One

Structure Type Attic/Crawl Hatchway(s) Insulated,Frame,Wood Siding

Construction Status Existing

Schools

School District Thousand Islands

Others

Tax ID 223289-042-014-0002-034-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1680180

Listed by TLC Real Estate LLC - Carthage
Chantel Kincaid
Chantel Kincaid

Agent | License ID: 10401358713

+1(585) 643-9770 | chantelkincaid99@gmail.com

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32523 Rt-12