4 Main St Canton, NY 13617-1207
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.
-
H&R Block Tax Preparation
-
Grasse River Real Estate Real Estate Agency
-
Pat Collins Real Estate: Asplanalp Gail Real Estate Agency
-
Cascade Inn Restaurant
-
The Buccaneer Lounge Bar & Pub Nightclub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Canton, NYCanton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.