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701-703 Canton St
Ogdensburg, NY 13669
Seaway Shopping Center · Retail Property For Sale


Investment Highlights
- Save A Lot recently committed to a 10-year lease extension
- New 10-year lease with O’Reilly Auto Parts
- Upside potential through leasing three vacant units totaling 15,400 SF
- Strong Save A Lot visitation metrics
- Harbor Freight signed a 10-year lease in 2022
- Strategically located at the intersections of State Highways 37, 812, and 68
Executive Summary
Save A Lot recently committed to a 10-year lease extension, showing long-term commitment. It is the second highest performing store among nine operated by JCP Groceries.
Harbor Freight and O’Reilly Auto Parts signed new 10-year leases in 2022 and 2024, respectively. Family Dollar and H&R Block recently exercised renewal options. Upside potential exists through leasing three vacant units totaling 15,400 SF. Strategically located at the intersections of State Highways 37, 812, and 68.
Harbor Freight and O’Reilly Auto Parts signed new 10-year leases in 2022 and 2024, respectively. Family Dollar and H&R Block recently exercised renewal options. Upside potential exists through leasing three vacant units totaling 15,400 SF. Strategically located at the intersections of State Highways 37, 812, and 68.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
97,881 SF
Building Class
B
Year Built/Renovated
1970/2007
Price
$4,500,000
Price Per SF
$45.97
Cap Rate
9.48%
NOI
$426,600
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Slab To Slab
15’
Building FAR
0.24
Lot Size
9.40 AC
Zoning
Retail Commercial - Retail Commercial
Parking
500 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
842’ on Canton St
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,550,000 | |
| Land Assessment | $815,000 | Total Assessment | $2,365,000 |
Property Taxes
Parcel Numbers
Land Assessment
$815,000
Improvements Assessment
$1,550,000
Total Assessment
$2,365,000
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