10 & 12 James Street, Alexandria, NY

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,600,000

000

MLS® S1711713

Overview

Key Facts

Type Other

Levels Commercial Sale

Size 7402 sqft

Garage No

Maintenance Fees

Taxes $19,350

Days Active 10

Approx. Age 1920

Avg. Price Per Sqft $216

MLS® Number S1711713

Property Address: 10 & 12 James Street, Alexandria, NY, 13607

Average square foot calculated using Size range provided by listing agent.

Description

Premier commercial acquisition opportunity in the heart of downtown Alexandria Bay. The Korner and Skiffs are being offered together as a package sale, providing a rare opportunity to control two adjoining, independently operated businesses on separate parcels in one of the Thousand Islands’ most visible and heavily traveled locations. Positioned on a prominent corner surrounded by shops, restaurants, entertainment and seasonal attractions, the properties benefit from exceptional exposure and a steady flow of both local and tourist traffic. The offering combines multiple established revenue centers, including a high-volume pizza operation, two full bars, live entertainment and an upstairs dance club, creating diversified income potential within one strategic downtown footprint. Skiffs has operated as one of Alexandria Bay’s busiest and best-known bars for decades. The first floor features a substantial horseshoe-shaped bar with ample seating, three speed wells and a recently installed 12-tap glycol system. The second floor contains an additional full bar and has been successfully operated as a dance club for several seasons. Separate private entrances to each level provide flexibility for multiple concepts, private events, separate operating hours or future redevelopment. The Korner is an established downtown pizza destination with strong local recognition and a location that naturally complements the adjoining bar and entertainment venue. The proximity of the two operations creates valuable opportunities for shared traffic, coordinated staffing, cross-promotion and expanded food and beverage service while allowing each business to maintain its own identity. The properties enjoy front row positioning for Alexandria Bay’s major annual events, including Bikers Weekend, Blues in the Bay and Pirates Weekend. While the existing concepts offer an opportunity for continued operation, the location, separate parcels, independent entrances and adaptable layouts also provide considerable potential for repositioning, redevelopment or the introduction of new commercial uses. This is a unique opportunity to acquire two established businesses in downtown Alexandria Bay!

MLS® NumberS1711713

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1920

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatPropane, Oil, Forced Air

A/CCentral Air

Extras

Equipment, Inventory, Land and Building

Map

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