For Sale
$599,000

71 Main StCanton, NY 13617

Cash-flowing, renovated 3-story building in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • Exceptional investment opportunity in Canton, NY.
  • Fully occupied, generating strong cash flow.
  • High-traffic Main Street location.
  • Recently renovated mixed-use building with apartment units and storefront.
  • 2,500 SF of unfinished basement space for expansion.
  • Three-story building totaling 7,050 SF on a half-acre lot.

Property Details for 71 Main St

Property type
Mixed-use properties, Apartment buildings
Square Feet
7,050 SF
Stories
3
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Canton
County
St. Lawrence
State
New York
Latitude
44.5965789
Longitude
-75.1576721
71 Main St, Canton, New York

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71 Main St
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