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Established Bar & Restaurant with Apartment

6848 Erie Road Derby, NY 14047

6848 Erie Road, Derby, NY, 14047
$499,900
For Sale
$499,900

COMMERCIAL - Derby, NY

Property Size3,036 SF
Lot Size0.68 Acres
Price / SF$164.66
Days on Market57

Property Features for 6848 Erie Road

General Information

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

Taxes and HOA fees

Tax Annual Amount
7607

Utilities

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

Building Details

Year built
1960
Floors in Building
1
Number of units
2
Flooring type
Carpet, Linoleum, Vinyl
Building materials
Frame
Roof type
Rubber, Membrane, Shingle
Listing agency WNY Metro Roberts Realty
Listed by Kimberly Hulburd · License #40HU0735049
Added: May 28 Updated: Jul 7 at 10:36AM Checked: Jul 23 at 8:06AM
MLS# B1685475

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.


Investment Insights

Based on property information with market context.

This commercial property features a thriving bar and restaurant with a two-bedroom apartment, presenting an opportunity to own a well-established business with 45 years of successful operation. The property includes an 18x28 bar area with an 18-foot bar top, a 30x30 dining room suitable for large gatherings, and a 29x11 kitchen equipped with a recently updated 10x8 walk-in cooler. Additionally, there is a 20x20 storage and office area. A 34x16 covered deck provides outdoor space for patrons. The property has Quick Draw and Lottery machines already installed. The 800 sq ft two-bedroom apartment could generate rental income and includes a 15x19 living room, a 12x13 kitchen, and 11x12 and 10x12 bedrooms, newer windows, and a 10x11 deck. 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. It is situated on a corner lot with a lot size of 0.6775 acres. The property is located in Derby, NY. The total property size is 3,036 square feet. The apartment features newer windows and a 10x11 deck.

Local Financial Insights For Specialty 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 $54.6k $18.00
− Vacancy −$5.9k −$1.94
EGI $48.7k $16.06
− OpEx −$12.2k −$4.01
NOI $36.6k $12.04
3,036 SF · lease $18.00/SF/yr · vacancy 10.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$522.3K
$457.0K – $609.3K (±1% cap)
NOI $36,560 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$250.4K
$219.1K – $292.2K (±1% cap)
NOI $17,529 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$663.7K
$580.7K – $774.3K (±1% cap)
NOI $46,458 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Meadowbrook Restaurant & Bar Restaurant

Suggested Use

Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply Bakery Daycare Center (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • The Shore House Bar & Grill — 6558 Lake Shore Rd, Derby, NY 14047
  • Meadowbrook Restaurant & Bar — 6848 Erie Rd, Derby, NY 14047

FAQs

What type of property is this?
Bar & Pub - Thriving bar and restaurant with rental income potential.
Where is this bar & pub located?
The property is located at 6848 Erie Road Derby, NY.
What is the asking price?
The asking price for this property is $499,900.
Contact an agent
More about this property
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