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887 State Route 11

11,212 SF Retail Building Champlain, NY 12919 $1,126,889 CAD ($101 CAD/SF)

Investment Highlights

  • Great corner location.
  • Plenty of parking spaces.
  • Close to I-87.
  • Two lane drive-thru window.

Executive Summary

PRICE REDUCED: $795,000
Located in the Town of Champlain, this site was built for a Pharmacy retail chain, and has been used as such for the last 25 years. Although the tenant has vacated the premises, the space is available for sublease/purchase. (Lease is still in place until 11/31/24.)
This site is ideally located across the street from the only shopping plaza within a 30 mile radius. Tenants of the plaza include Price Chopper, Dollar Tree, Ace Hardware, Community Bank, Key Bank, a Restaurant, and a regional Veterinarian clinic. Nearby businesses also include Tractor Supply, Dollar General, O’Riley Auto Parts, Bordeau Brothers, Subway, McDonalds, Dunkin, and more. In addition, the subject site is less than 1 mile from the I-87 interchange and the main U.S. – Canadian Port of Entry. A great deal of Canadian shoppers come to Champlain for supplies, groceries, food, and fuel.
This site would make a great new location for any retail or commercial business looking to be close to I-87 or the U.S.-Canadian border. 
Feel free to call or write CDC Real Estate with any questions you may have.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,212 SF
Building Class
B
Year Built
1998
Price
$1,126,889 CAD
Price Per SF
$101 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.61 AC
Zoning
IC1 - Commercial
Parking
43 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
350 ft on State Route 9

Amenities

  • Signage
  • Signalized Intersection
  • Drive Thru

Nearby Major Retailers

KeyBank
Price Chopper
Amato's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
092889-033-000-0001-016-004-0000
Land Assessment
$233,618 CAD
Improvements Assessment
$969,140 CAD
Total Assessment
$1,202,758 CAD
  • Listing ID: 33366769

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 887 State Route 11, Champlain, NY 12919

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