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    OFF-MARKET
    Commercial real estate

    37 Gouve, Canton, NY 13617

    3,214 SF 0.53 ac lot Built 1968
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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