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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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
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

Property Taxes

Parcel Numbers
Multiple
  • 406489-059-024-0004-009-001-0000
  • 401200-059-024-0003-012-011-0000
Land Assessment
$815,000
Improvements Assessment
$1,550,000
Total Assessment
$2,365,000
  • Listing ID: 35248924

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 701-703 Canton St, Ogdensburg, NY 13669

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