6695 State Highway 37, Ogdensburg, NY 13669 | MLS #R1692576 | HUNT Real Estate
 
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Commercial - Multi 5+ | 9 Units | 2 Stories + Finished Basement------ This impressive former nursing home offers a rare opportunity on 5.8 acres of direct St. Lawrence River waterfront........ Built in 1967 and formerly operated as Cedars Nursing Home, the solid 2-story building features over 38,000 sq ft of usable space and is a true developer’s dream...... Key Features------- Direct Waterfront with stunning panoramic St. Lawrence River views------ 9 Units / 9 Baths (8 full + 1 half) in current configuration----- Massive 25,472 sq ft main level + 12,736 sq ft finished basement----- Detached Garage approx. 893 sq ft----- Ample off-street parking on the expansive 5.8-acre lot----- Elevator serving all floors, extra-wide hallways, oversized ADA-compliant bathrooms, and strategically placed handrails---- Oil-fired central heating with electric supplemental; private well and septic----- 2 Stories + full basement----- Endless Potential----- Zoned and classified as Multi-Family, this property is ideally suited for conversion into------ Multi-family apartments----- Senior living / assisted living community------ Boutique hotel or resort------ Event venue/restaurant with waterfront dining------ Corporate retreat or mixed-use development------ Located in the Ogdensburg City School District (Madill Elementary & Ogdensburg Free Academy), with easy access to the US-Canada border and local amenities...... A rare chance to own substantial riverfront acreage with an existing large, adaptable structure in the North Country....... The property is being sold “as-is” and will require renovation. Bring your vision and unlock the tremendous potential of this landmark riverfront gem!

Source: New York Alliance, MLS#: R1692576

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  • Property Type
    Residential Income
  • Lot
    5.80 acres

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  • Median Age
    43
  • Population Density
    153
  • College Educated
    30%
  • Estimated Median Income
    $53,915
  • Estimated Total Home Owners
    4,295
  • Estimated Total Renters
    1,667
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    15,870
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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