Property profile

37 Gouve Canton, NY 13617

OFF-MARKET
Commercial real estate
3,214 SF 0.53 ac lot Built 1968
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Property summary

AI-generated overview

This exceptional commercial property in Canton, NY, presents a unique investment opportunity. Located at 37 Gouverneur Street, Unit 39, this 3,214 square foot property sits on a 0.53-acre lot and is offered at a significantly reduced price of $549,000. The property currently houses three established businesses: a well-regarded liquor and wine store operating successfully for 22 years, a beer and convenience store, and a bottle redemption center. This "one-stop shop" benefits from a loyal customer base and high visibility in a central location within walking distance of residences, businesses, non-profits, and educational institutions. The ample parking further enhances its appeal. The existing businesses offer a turnkey operation, ideal for one or two owner-operators. However, the property's size and layout also allow for significant flexibility. The buildings could easily be converted to suit a wide range of commercial ventures, making this a versatile investment with considerable potential for future growth and adaptation. This is a rare opportunity to acquire a multi-faceted commercial property in a thriving community. The property's strong history, prime location, and adaptable nature make it an attractive proposition for discerning investors seeking a stable and potentially high-return investment.

Property profile

Verified
Property type Commercial real estate
Year built 1968
Total area 3,214 SF
Lot 0.53 ac (23,087 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37 Gouve Canton, NY 13617
Canton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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