Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6848 Erie Rd Derby, NY 14047

    Sponsored
    For Sale
    $575,000

    COMMERCIAL - Derby, NY

    Property size:
    3,036 SF
    Lot size:
    0.68 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 29 at 10:06 pm

    Property Features for 6848 Erie Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C06 A07
    APN
    144489-192-200-0009-009-000
    Parking
    35
    Parking features
    Paved or Surfaced
    Size
    3,036 SF
    Lot size
    0.68 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Forced Air, Zoned, Natural Gas
    Cooling system
    Zoned
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Linoleum, Vinyl, Carpet
    Building materials
    Frame
    Roof type
    Membrane, Shingle, Rubber

    We can help!

    Listing Contact
    Kimberly Hulburd

    WNY METRO ROBERTS REALTY (716) 891-1710

    Listing agent Kimberly Hulburd (716) 947-5555 License #40HU0735049

    Listing date Jan 28, 2026

    MLS# B1652488

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Bar & Restaurant For Sale

    This commercial property features a well-established bar and restaurant with 45 years of successful operation. The property includes an 18x28 bar area with an 18-foot bar top, a 30x30 dining room, and a 29x11 kitchen equipped with a recently updated 10x8 walk-in cooler. There is also a 20x20 storage and office area. A 34x16 covered deck provides outdoor space for patrons. The property has Quick Draw and Lottery machines already in place. Additionally, there is an 800 sq ft two-bedroom apartment with newer windows and a 10x11 deck. The apartment includes a 15x19 living room, a 12x13 kitchen, and bedrooms measuring 11x12 and 10x12. The property features central air and forced air heating, plus two-zone baseboard heating. The building is vinyl sided and includes a blacktop parking area that accommodates approximately 35 vehicles. Situated on a corner lot, the property is zoned C06 A07 and sits on 0.6775 acres. The property is located in Derby, NY. The property size is 3,036 square feet. The apartment could generate rental income. The property is suitable for continued use as a bar and restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meadowbrook Restaurant & Bar American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    The Shore House Bar & Grill, Meadowbrook Restaurant & Bar

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Erie
    State
    New York
    Longitude
    -78.981119
    Latitude
    42.701211

    Nearby Similar for Sale

    • New
      $575,000
      3,036 SF

      Bar & Restaurant with Apartment

      Thriving bar and restaurant with a two-bedroom apartment.
      6848 Erie Rd, Derby, NY 14047
      View Details
    • $280,000
      Pending

      Evans NY Horse Property

      11.3 acres with barn, stalls, and training track.
      7452 Southwestern Blvd, Derby, NY 14047
      View Details
    • $99,900
      1,016 SF

      Derby, NY Commercial Opportunity

      Commercial building in Derby, NY, suitable for various uses.
      6850 Prescott Dr, Derby, NY 14047
      View Details
    • $329,900

      Versatile Commercial Property in Derby

      High-visibility commercial property with flexible zoning and income potential.
      6865 Erie Rd, Derby, NY 14047
      View Details
    • $469,000
      4,972 SF

      Derby Commercial Trio: Prime Route 5 Location

      High-traffic Route 5, 3 buildings, 4,972 sq ft.
      6865 Erie Rd, Derby, NY 14047
      View Details

    FAQs

    What type of property is this?
    Bar - Thriving bar and restaurant with a two-bedroom apartment.
    Where is this bar located?
    The property is located at 6848 Erie Rd Derby, NY.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Established bar and restaurant with 45 years of successful operation in a high-traffic location.; - Includes a spacious 800 sq ft two-bedroom apartment that could generate $800/month in rental income.; - Features a LARGE 30x30 dining room and an 18x28 bar area with an 18-foot bar top.
    (716) 725-8725
    Request Owner's contact information
    6848 Erie Rd Derby, NY 14047
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6848 Erie Rd
    Derby, NY 14047
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6848 Erie Rd Derby, NY 14047
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kimberly Hulburd
    Real Estate License ID: 40HU0735049
    (716) 725-8725
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.