4 Main St Canton, NY 13617

Property Details for 4 Main St

Year built

1950

Lot size

0.21 lot acres

Property size

1,364 SF

Zone code

01 - NOT ZONED

Property type

Investment properties

Property subtype

Retail residential properties

APN

402201 88.042-6-2

APU

4022018804262

Description

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.