For Sale
State Highway 37, Massena, NY 13662
$990,000
For Sale
State Highway 37, Massena, NY 13662
$990,000
Property Description
RARE NORTH COUNTRY DEVELOPMENT OPPORTUNITY IN CENTRAL LOCATION WITH HIGHWAY VISIBILITY. Unlimited potential to develop 116 acres for commercial or residential development. Located at the intersection of State Highway 37 and State Highway 56, this elevated land with panoramic mountain views is cleared and development ready. All utilities are available including low-cost Massena Electric and a new water line from the Town of Louisville. Annual school and property taxes are only $3600. Three billboards and the sale of hay generate $9600 annual income. Two garages are located on the property and are used for storage. One garage (1980) is 24 x 41 and the second garage (2018) is 15 x 55 and is insulated and heated with electric. This garage also has a drilled well and a septic system available. At this price, there are six parcels with 2883 feet of road frontage on SH 37 and SH 56. A seventh commercial parcel located directly on the corner with an additional 270 feet of road frontage and two buildings (currently leased at $26,000 annually) can also be purchased. Development land of this quality with this location, views and services are extremely rare. Let all of the rental income pay for the mortgage!
Property Summary
| Type |
COMMERCIAL / LAND |
MLS # |
48155 |
| Buildings |
|
Year Built |
0 (2024 years old) |
| Parking |
|
Est. Taxes |
$3,597 |
Features
Interior |
Water: Public
Well drilled
|
Exterior |
|
Other Information |
County: ST LAWRENCE
Township: Louisville
Zoning: Commercial
Massena Central School District
Year Built/Age: 0 / 2024
Days On Market: 379
|
| Broker Agent Compensation |
|
2.5% |
| Buyer Agent Compensation |
|
2.5% |
| Sub Agent Compensation |
|
2.5% |
| Compensation Disclaimer: |
The offer of compensation is made only to participants of the MLS where the listing is filed. |
