Commercial House, Office, 2nd Gen Restaurant 304 W Cannon St

304 W Cannon and 308 W Cannon are being sold together with the asking price of $742K. 306 Cannon is a temperature-controlled storage facility for 304 Cannon. 304 Cannon is historically designated and has historic site tax exemption and will remain frozen for one more year. Permitted plans, surveys, and condominium agreements are accessible in the documents section.
The building is ADA compliant with an exterior ramp, one ADA bathroom (two overall), and an upstairs office with attic space on the second floor. The original hardwoods have been reinforced. This former restaurant has a 2,000 gallon grease trap. New wood windows were installed in 2024 throughout 304 Cannon. Outdoor turf was recently installed all around the exterior of both buildings for easy maintenance.
The property shares ownership in a condo association along with two other owners for access and maintenance of the common parking lot in the rear. The agreement includes maintenance of the parking lot under the individual’s plat and a non-exclusive easement. There is not a condo maintenance program currently in place that all members buy into; individuals pay for their own maintenance and landscaping as indicated on the property’s survey. There is not any reserved parking in the rear lot for any of the businesses.