Morristown NY Commercial for Sale

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Type:
Multi-Family
Sq.Ft.:
6,825
Status:
Active
Beds:
5
Year built:
1960
Baths:
6.00
MLS#:
50168

ADDITIONAL INFORMATION

MULTI-USE INVESTMENT PROPERTY- option for owner occupancy. Historic meets modern with this unique multi-unit building full of charm and character located in the quaint and lively village of Morristown, nestled along the St. Lawrence River with views of Brockville, Canada and Three Sisters Islands. This iconic structure has been in the same family for over 100 years, boasting 6,800 sq ft and offering five units in total. Two lower-level units are commercial; one currently leased with long term occupancy. The vacant unit ideal for use as a studio, office, retail - with excellent visibility, signage, and ample parking. The second level features a beautifully renovated 3-bedroom, 2 full bath with attached two car garage, paved drive, and many original period details adding to the charm of this space. Fully appointed custom kitchen with granite countertops and high-top seating, scullery, top of the line appliances, dry bar with wine fridge, and built ins. Formal dining room with double pocket doors open to the sitting room (former parlor) with fireplace. Primary suite with deep jetted tub, separate shower, and walk in closet. There is an expansive deck running the entire northwest façade of this second level, perfect for entertaining and a front row seat during the summer concert series (hosted by the museum) and 4th of July parade (in honor of the sellerâ??s father). The third level offers 2 one-bedroom apartments that require renovations for additional income; with one in need of lighter repair. Current monthly income on the two occupied units is $1,750 - there is potential to triple that figure. Located directly on Main Street - steps from the museum, restaurants, post office, bank, public boat launch and marina. Short walk to the school, pickleball and basketball court, park, and historic windmill overlooking the St. Lawrence River. 15 minutes to the Canadian bridge and Ogdensburg-Prescott International Airport with 30 minutes to Alexandria Bay.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Morristown Real Estate

The median home value in Morristown, NY is $137,000. This is higher than the county median home value of $124,600. The national median home value is $338,100. The average price of homes sold in Morristown, NY is $137,000. Approximately 36.48% of Morristown homes are owned, compared to 6.52% rented, while 57.01% are vacant. Morristown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morristown real estate agent to arrange a tour today!

Morristown, New York has a population of 2,210. Morristown is less family-centric than the surrounding county with 25% of the households containing married families with children. The county average for households married with children is 27.5%.

The median household income in Morristown, New York is $46,875. The median household income for the surrounding county is $54,351 compared to the national median of $69,021. The median age of people living in Morristown is 42 years.

Morristown Weather

The average high temperature in July is 80 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 37.1 inches per year, with 69.4 inches of snow per year.

Morristown Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    7
    30-day change

Morristown Schools and Demographics

Education near Morristown, NY

Metric City County
High School Graduates 84 88.6
College Degree - 2 year 12.84 12.27
College Degree - 4 year 16.98 23.57
Graduate Degree 5.47 8.83
Expenditures per Student 26,098 26,098
Students per Teacher 11.8 11.8

Elementary Schools near Morristown, NY

School Grades Students P/T Ratio ZIP
John F Kennedy School PK - 06 701 13.8 13669
Madill School KG - 06 296 11.6 13669

Middle Schools near Morristown, NY

School Grades Students P/T Ratio ZIP
Lincoln School KG - 01 159 16.2 13669

High Schools near Morristown, NY

School Grades Students P/T Ratio ZIP
Ogdensburg Free Academy 07 - 12 660 12 13669

Ungraded Schools near Morristown, NY

School Grades Students P/T Ratio ZIP
Hammond Central School PK - 12 308 12.3 13646
Hermon-Dekalb Central School PK - 12 395 12 13630
Heuvelton Central School PK - 12 503 12.6 13654
Morristown Central School PK - 12 333 10.1 13664
Saint Lawrence Children & Youth Services 01 - 11 31 13669

Demographics near Morristown, NY

Metric City County
Neighborhood Type Small town
Population 2,210 108,836
Population Density 48 41
Median Age 42 39
People per Household 3 2.4
Median Household Income 46,875 54,351
Average Income per Capita 22,939 27,457