126 State St 132, Clayton, NY 13624-1314

Exceptional opportunity to acquire the established Clipper Inn Restaurant & Motel in Clayton, NY. This 11,500 square foot property, built in 1940 and renovated in 2021, sits on a 1.8-acre lot and boasts a 12% cap rate. The well-regarded restaurant features a diverse menu with fresh seafood, Mediterranean, Asian, and vegetarian options, known for its high quality and consistency. The adjacent 9-unit motel offers comfortable accommodations with amenities including complimentary parking, air conditioning, refrigerators, and free Wi-Fi, providing a convenient option for travelers. The business has a strong reputation and loyal clientele, built over nearly 50 years of successful operation. Located in a tourism-driven community on the St. Lawrence River, the property benefits from seasonal tourism (May-November) and proximity to numerous attractions including the Thousand Islands Bridge, marinas, shops, and other recreational activities. The property is zoned commercial and offers potential for expansion and updates. The current owner will provide training to the buyer, ensuring a smooth transition. This turnkey operation presents a unique investment opportunity with significant upside potential. The property is conveniently located near the St. Lawrence River, Clayton Marina, Clayton Opera House, Antique Boat Museum, and other local attractions.