Property summary
This exceptional investment opportunity in Canton, NY, presents a chance to acquire two commercial buildings totaling 3,214 square feet on a 0.53-acre lot with 15 parking spaces. The property, built in 1968, currently houses a well-established liquor and wine store, a beer store, and a convenience store, all operating successfully for 22 years and benefiting from a loyal customer base. The central location in Canton offers high visibility near residences, businesses, non-profits, and educational institutions. This turnkey operation includes a long-standing bottle redemption business, providing additional revenue streams. The asking price is $549,000, translating to $170.82 per square foot. The property's versatility allows for continued operation of the existing businesses or conversion to other commercial uses. This is a rare opportunity to own a profitable, established business with significant potential for growth and expansion in a desirable location. Ample parking ensures convenient access for customers. The property presents a unique chance to own multiple established businesses or to adapt the space to suit a variety of commercial ventures. Consider this a truly unique opportunity in the heart of Canton, NY.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Wine and Liquor Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Canton market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Canton, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 01 - NOT ZONED in Canton, NY.
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