Premier Downtown Waddington Waterfront Investment
St. Lawrence River Waterfront - Renovated Apartments, Commercial Space, and Deep Water Dockage
Marketing description
Nestled along the picturesque St. Lawrence River in the heart of Waddington, 131 St. Lawrence Avenue presents a rare and unique opportunity to own a premier waterfront investment property in one of the North Country’s most sought-after locations. Encompassing 5,760 square feet of heated interior space, this well-maintained and fully renovated property features four versatile units with strong income potential, along with deep-water access complete with a private dock for effortless boating on the St. Lawrence River. The property includes a fully furnished 1-bedroom, 1-bath unit currently operating as an Airbnb, a 2-bedroom, 1-bath apartment with long-term tenants, and an
additional 1-bedroom, 1-bath unit rented monthly to medical professionals. The property also includes expansive commercial space spanning half of the main level and nearly the full lower level, with potential for commercial use, residential conversion, a live-work layout, or use as
one large unit. Outside, paved parking in both the front and rear of the property provides added convenience for tenants, guests, and customers alike. Major renovations completed in 2023–2024 include a new roof, updated electrical with four separate meter options, modern PEX plumbing, new water heaters, and more. Each unit is equipped with an efficient natural gas furnace for heating. Step outside to experience 85 feet of level frontage along the St. Lawrence River, perfect for fishing, boating, and water activities. Enjoy breathtaking sunset views and ships passing in the distance while the St. Lawrence University rowing teams glide by your backyard. Walk along the scenic
waterfront trail or catch the summer concert series at the adjacent Island View Park. Waddington is renowned for hosting the Bassmaster Elite Series, offering a world-class carp fishery, and being part of the St. Lawrence snowmobile trail system. Located within walking distance of all village amenities that make Waddington such a beloved riverfront community, this exceptional riverfront property combines lifestyle, location, and investment versatility in one remarkable package. Whether you are looking to expand your portfolio, operate a mixed-use waterfront business, seek a flexible live-and-rent option, or own a top-tier income-producing waterfront property, this is a rare opportunity to
own one of Waddington’s premier waterfront offerings.
Investment highlights
- Prime St. Lawrence River waterfront location with private dock and deep-water access.
- Four-unit mixed use property consisting of three residential units and one commercial space.
- Multiple income streams from long-term, monthly, and short-term rental opportunities.
- Flexible commercial space suitable for office, retail, hospitality, residential conversion, or owner occupancy.
- Extensively renovated building with significant updates completed throughout.
- Walkable Waddington location near restaurants, shops, marinas, and community amenities.
- Off street paved parking with ample space for tenants, guests, and customers.
- Strong tourism and waterfront appeal supporting short-term rental demand.
- Potential to increase revenue through rental adjustments, expanded short-term rental use, or alternate mixed-use configurations.
- Rare combination of waterfront ownership and income-producing real estate on the St. Lawrence River
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