Cape Vincent, NY 13618,427 S Market ST
Cape Vincent, NY 13618,427 S Market ST
Cape Vincent, NY 13618,427 S Market ST
Cape Vincent, NY 13618,427 S Market ST
Cape Vincent, NY 13618,427 S Market ST
Cape Vincent, NY 13618,427 S Market ST
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$650,000

$999,900

35.0%
Est.Price: ?

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Est. payment /mo

7,556 SqFt


SOLD DATE : 11/16/2023

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 7,556 sqft

Price per Sqft $86

MLS Listing ID S1451503

Sold Date 11/16/23

Construction Status Existing

HOA Y/N No

Year Built 1961

Annual Tax Amount $3,999

Lot Size 0.633 Acres

Acres 0.6326

Lot Dimensions 165X167

Property Description

Incredible opportunity!! Truly turnkey 3800SF Bar/Restaurant and 3700SF 8-unit motel with 2-bedroom apartment! The owners have spared no expense on the major renovations and facelift over the last few years and now someone can simply walk in and reap the benefits! Restaurant & Bar have a 182-seating capacity inside PLUS the new 2600SF paver patio with outdoor bar and firepit for additional summer seating. Restaurant is fully equipped with everything imaginable including an almost new 6 monitor POS system with 3 printers, full bar, 2nd prep kitchen in partially finished basement full of storage, office area, 2 bathrooms and beautiful Gas Fireplace. Equipment list will be provided as well. Motel is year-round and ready to go renting for $99 a night in the winter and $145 a night in the summer. 2-bedroom apartment can be used as owner occupied or rented out for extra income or AirBnB! Storage room could be put back as a 9th Motel room if needed. Motel roof like new metal, Restuarant roof is brand new. Huge parking lot and of course all on public water and sewer. Located just blocks from the River and the Ferry to Canada make this an outstanding location in a growing community!

Location

State NY

County Jefferson

Area Cape Vincent-Village-222801

Zoning 415

Direction Rte 12E towards Cape Vincent, turns in to South Market st in the village, Tellys will be on your left

Rooms

Basement Full, Storage Space

Interior

Heating Electric, Heat Pump, Propane, Forced Air

Cooling Heat Pump, Central Air

Flooring Other, See Remarks

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Metal

Total Parking Spaces 60

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Existing

Schools

School District Thousand Islands

Others

Tax ID 222801-049-025-0001-013-000

Acceptable Financing Cash

Listing Terms Cash

Financing Other,See Remarks

Special Listing Condition Standard

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Listed by Lake Ontario Realty, LLC
Bought with Bridgeview Real Estate-Clayton

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Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

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