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For Sale

$1,400,000

897 - 907 SH 11C
Brasher Falls, NY 13613

Have you ever thought of what it would be like to own your own Town? Well here's about as close as you can get. Here's your opportunity to own downtown Brasher Falls. That's right, you're getting 5 buildings with 14 units that are homes to the Post Office, Hospital Medical Clinic, Physical Therapy Unit, Chiropractor, Cafe, Hair Salon, Public Library, Liquor Store, Professional Offices, Fitness Studio, Auditorium, Bottle Redemption Center, and 2 apartments. All of the buildings have been nicely renovated, and very well maintained, and all are handicapped accessible. The largest building has 3 floors and an elevator. The two top floors have massive open rooms with gorgeous hardwood floors and high ceilings. One room is home to the fitness studio, and the other has a stage and has been used for an auditorium but, could have many different uses. There is so much potential in these upper floors for more professional offices or upscale apartments. In the basement of this building there are storage units that rent out for $60 monthly. The mechanicals in all of the building are in good condition, all roofs were replaced within the last year, a new water softener system was installed in 2020, and the exterior of the brick buildings is being restored this coming Spring. There is Central Air Conditioning in many of the units. The buildings come with a huge parking lot in the back as well as an additional adjacent building lot that has been approved for the opportunity to construct a 10 unit apartment building if the you as the new owner would like to pursue that. Most of the tenants have been long term, and the Medical Clinic has recently signed a 10 year rental contract, and the Post Office and the Physical Therapy Unit have just signed a 5 year rental contract. Annual income for the property is approximately $132,000 with potential for more. Roughly 200 vehicles pass by these buildings daily. Other businesses in the area are the IGA food store, the fire department, the town Read More

Market Status
Available
Last Updated
May 10, 2021

Property Type
Commercial Property
Year Built
1864
Property Type
Commercial; COMMERCIAL

Local Market Conditions

There are currently 11 properties for sale in the Brasher Falls, NY area with the average listing price of $275,146. This represents a decrease of -7.2% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -12.4% decrease. To learn more about the Brasher Falls, NY area, contact a local expert!

Market Snapshot for Brasher Falls, NY

Avg. Listing Price

$275,146

Wk ending May 8

$-21,214

-7.2%

w-o-w

11

11

3

3

Average Listing Price for Brasher Falls, NY
No. BedroomsNo. Beds Week Ending
(May 8)
w-o-w Week Ending
(May 1)
Week Ending
(Apr 24)
Week Ending
(Apr 17)
All PropertiesAll $275,146 -7.2% $296,360 $296,360 $296,360
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $105,450 +0.0% $105,450 $105,450 $105,450
3 bedrooms3 BR $216,967 -12.4% $247,760 $247,760 $247,760
4 bedrooms4 BR $139,900 +0.0% $139,900 $139,900 $139,900

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This $1,400,000 Commercial Property at 897 - 907 SH 11C in Brasher Falls, NY is offered by Rhonda L Roethel and has been on the market for 110 days. This $1,400,000 Commercial Property, located in the 13613 zip code, has the following property features: Property Type. This 897 - 907 SH 11C Commercial Property, located in Saint Lawrence County , is listed under MLS listing number 44854 and has a listing price of $1,400,000. You can find more Brasher Falls homes for sale here.

Data Provided by St. Lawrence County Board of Realtors

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