Property profile

7235 County Rte 27 Canton, NY 13617

OFF-MARKET
Bars & Pubs
Property ID
US63-3303803
2,800 SF 0.43 ac lot Built 2015
Individually Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional, turn-key business opportunity is located at 7235 County Route 27 in Canton, NY. Built in 2015, the 2,800 square foot facility boasts a high-end stainless steel commercial kitchen, a designated area for live entertainment, and ample paved parking with overflow parking across the street. The building is exceptionally well-maintained and features a central air conditioning system (installed 2022), an on-demand water heater, a walk-in cooler with direct access to bar coolers, an energy-efficient propane furnace, and 3 1вЃ„2 inches of blown insulation throughout. The property sits on a high-traffic intersection of County Route 14 and 27 in Morley, providing excellent visibility and accessibility for commuters and tourists alike. Its proximity to four universities within 15 minutes, snowmobile trails leading to Waddington and the Tug Hill region, and its location along a busy route connecting the Adirondack Park Region, St. Lawrence River, and Canada, ensures a diverse customer base. The business benefits from an engineered septic system and a private well. Included in the sale are the existing pool table, jukebox, and dart board, which generate additional revenue. Sellers are offering training and support to ensure a smooth transition for the new owners. Priced at $345,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 2015
Total area 2,800 SF
Lot 0.43 ac (18,731 SF)
Zoning code 01 - NOT ZONED
APN 402289 62.064-4-6.2
UPID US63-3303803

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7235 County Rte 27 Canton, NY 13617
Canton metro Census 492100 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2015
3 recorded transactions
2015
$25,000
2012
$25,000
2006
$91,000

Zoning & alternative use

01 - NOT ZONED · Canton, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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