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Bar and Restaurant with Boarding Rooms

222 River Street Warrensburg, NY 12885

222 River Street, Warrensburg, NY, 12885
$375,000
For Sale
$375,000

COMMERCIAL - Other - Warrensburg, NY

Property Size2,909 SF
Lot Size0.38 Acres
Price / SF$128.91
Days on Market246

Property Features for 222 River Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking
10
Patio and Porch features
Porch
Basement
Full
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
524000 210.20-5-34
Size
2,909 SF
Lot size
0.38 Acres

Taxes and HOA fees

Tax Annual Amount
6938

Utilities

Sewer type
Public Sewer
Heating system
Oil, Steam
Cooling system
Window Unit(s)
Water source
Public
Water front
1

Building Details

Year built
1860
Floors in Building
2
Flooring type
Wood, Tile
Building materials
Wood Siding
Roof type
Metal
Architectural style
Other
Listing Agency KW Platform
382 Broadway, Latham, NY
Listed by Scott P Varley · License #30VA0727304
Added: Nov 13, 2025 Checked: Jul 17 at 6:06 pm
MLS# 202529628

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale commercial property includes a longtime bar and restaurant with bar service and dining areas, supported by a fully equipped commercial kitchen. The building is configured with a second floor that contains five boarding rooms and an apartment, providing separate living and guest accommodations within the same structure. The total building size is 2,909 square feet, and the property sits on a 0.38-acre lot.

The property is located at 222 River Street in Warrensburg, New York, with exposure described as high-traffic River Street frontage. The remarks also note it is just minutes from downtown Warrensburg and I-87, supporting year-round visitation from locals and travelers to Lake George and the Adirondacks. The listing is presented as a commercial-zoned offering.

This setup can suit an owner-operator looking to run a bar and restaurant while also using the second-floor boarding rooms and apartment as supplemental lodging space. Buyers seeking a hospitality-oriented real estate investment may also value the combined food-and-beverage operation with on-site accommodations, as reflected in the existing kitchen, bar, dining areas, and boarding-room layout.

Key Highlights

  • Spirits Bar & Restaurant plus real estate along River Street in Warrensburg
  • Second floor includes five boarding rooms and an apartment
  • Fully equipped commercial kitchen with bar and dining areas

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.6k $15.00
− Vacancy −$3.5k −$1.20
EGI $40.1k $13.80
− OpEx −$12.0k −$4.14
NOI $28.1k $9.66
2,909 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$537.5K
$470.3K – $627.0K (±1% cap)
NOI $37,622 @ 7.0% cap · market cap 10.03%
Second Best
Retail
$401.4K
$351.3K – $468.4K (±1% cap)
NOI $28,101 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$870.7K
$761.9K – $1.02M (±1% cap)
NOI $60,949 @ 7.0% cap · market cap 16.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Spirits Tavern & Italian ... Restaurant

Suggested Use

Parking Lot & Garage Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • George Henry's — 3735 Main St, Warrensburg, NY 12885

FAQs

What type of property is this?
Bar & Pub - For sale restaurant and bar property with an equipped kitchen, dining areas, and five boarding rooms plus an apartment.
Where is this bar & pub located?
The property is located at 222 River Street Warrensburg, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Spirits Bar & Restaurant plus real estate along River Street in Warrensburg; Second floor includes five boarding rooms and an apartment; Fully equipped commercial kitchen with bar and dining areas
Contact an agent
More about this property
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