71 Main St Canton, NY 13617-1444
This exceptional 3-story mixed-use building at 71 Main Street, Canton, NY 13617, presents a compelling investment opportunity. The property boasts 7,050 square feet on a half-acre lot and is currently operating at full occupancy, generating a strong cash flow. Recently remodeled, the building comprises a mix of apartment units and a storefront, offering immediate income potential. A significant value-add component exists in the form of 2,500 square feet of unfinished basement space, ripe for development and expansion. The building's prime location on Main Street ensures high visibility and traffic, further enhancing its investment appeal. Its proximity to both SUNY Canton and St. Lawrence University provides a stable tenant base and strong rental demand. This fully occupied, cash-flowing property offers a rare chance to acquire a renovated multifamily building with significant upside potential in a desirable college town setting. The asking price is $599,000.
-
Sunoco Gas Station Gas Station
-
Shandelle and Co Clothing Store
-
Allstate: Clark Insurance Insurance Agency
-
Citizens Bank ATM Atm
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, NYCosts & 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.