6281 US-11, Canton, NY 13617
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Self-Storage with Profitable Multi-Use BuildingHigh income-producing self-storage facility featuring multiple revenue streams, providing a strong investment opportunity. Four drive-up self-storage buildings with more than 8,000 square feet of combined rentable space currently sit over 90% occupied. Also included is a fully occupied mixed-use building comprising a retail space with a long-term, well-established tenant and three upgraded residential apartments. The location alone provides outstanding marketing exposure. Situated on US Highway 11 just outside of Canton's Village, with clear visibility on one of St. Lawrence County's busiest routes. This well-diversified investment offers the stability of recurring rental income across multiple asset types while maintaining the upside and demand associated with the self-storage sector. |
Property Details
- 1.77 Acres
- Built in 1990
- Renovated 1999
- Renovation: Buildings built between 1990 and 1999.
Unit Information
Unit #1 –
Net Leasable Area: 13863, Occupied, Unit Count: 67
Commercial Info
- Uses: Self-Storage with Multifamily and Retail
- 8.81% Cap. Rate
Income/Expenses
- Gross Income $134,710
- Net Income $86,745
- Operating Exp $47,965
Taxes and Fees
- $8,276 School Tax
- $5,099 County Tax
- $13,375 Total Tax
Listed By
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FRAZER REAL ESTATE LLC
Office: 315-742-0922 Mobile: 315-262-4580 |
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Listing data is deemed reliable but is NOT guaranteed accurate.
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