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    4 Main St Canton, NY 13617

    Sponsored
    For Sale
    $1,250,000

    Profitable Restaurant, Motel, & Bar on Grasse River

    Property size:
    13,256 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents the Cascade Inn & Motel, a well-established landmark in Canton, NY. Situated on 1.8 acres of prime waterfront property along the picturesque Grasse River, this property enjoys high visibility in a bustling downtown location. The property comprises a motel with over 20 rooms, each equipped with box springs, mattresses, Wi-Fi, and a full bathroom, ensuring comfortable guest accommodations. A fully functional commercial kitchen, dining tables, chairs, and essential kitchen equipment are in place within the restaurant, ready for a new operator to capitalize on its potential as a popular local eatery. Adding to the property's unique appeal is a bar area located below the restaurant, accessible via a separate entrance and offering breathtaking river views. The Cascade Inn & Motel has long been a cherished community establishment, providing a solid foundation for a new owner to revitalize and expand upon its existing success. This turnkey operation offers a rare chance to own a thriving business with significant waterfront acreage in a desirable location. The property's established reputation and prime location make it an ideal investment for those seeking a profitable venture with high growth potential. The asking price is $1,250,000. This is a unique opportunity to acquire a multi-faceted business with significant upside.

    Property Features for 4 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,256 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    H&R Block Tax Preparation Service Grasse River Real ... Real Estate Agency Pat Collins Real ... Real Estate Agency Cascade Inn Restaurant The Buccaneer Lounge Cocktail Bar

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.17613
    Latitude
    44.59555

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Restaurant, Motel, & Bar on Grasse River
    Where is this commercial real estate located?
    The property is located at 4 Main St Canton, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
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    4 Main St Canton, NY 13617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Main St Canton, NY 13617
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