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    578 Main St Malone, NY 12953

    Sponsored
    For Sale
    $249,900

    Profitable nightspot, fully renovated

    Property size:
    3,962 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 3,962 sq ft commercial property at 578 E Main St, Unit 578, Malone, NY, is a fully operational and profitable business, ready for immediate occupancy. The main floor boasts a spacious layout, perfect for a thriving establishment. Over 1200 sq ft is dedicated to the bar area, complemented by more than 700 sq ft of indoor dining space, accommodating up to 185 patrons. Enjoy outdoor seating for approximately 55 guests on the recently renovated front and side decks, ideal for the warmer months. The property includes a fully equipped kitchen with a cooler, two convertible fridge/freezers, two chest freezers, a kegerator, an ice machine, and two front drink coolers. Two restrooms, one men's and one women's, are conveniently located. A back office provides additional workspace. The heating and cooling system is comprised of a pellet stove, three mini-splits (two with heating and A/C, one with A/C only), and baseboard heaters. Extensive renovations completed in 2022-2023 encompass flooring, walls, electrical, lighting, HVAC, kitchen, bathrooms, and both decks. All appliances, furniture, decor, and signage are included in the sale. An upstairs apartment, requiring complete renovation, presents significant potential for additional living space, possibly creating 2-3 bedrooms and 1.5-2 bathrooms. This 0.23-acre property is situated in a vibrant downtown location with excellent foot traffic, making it an ideal community gathering spot. The property is priced at $249,900.

    Property Features for 578 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,962 SF
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Shooter's Lounge Bar & Grill

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Malone
    County
    Franklin
    State
    New York
    Longitude
    -74.28147
    Latitude
    44.84967

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable nightspot, fully renovated
    Where is this commercial real estate located?
    The property is located at 578 Main St Malone, NY.
    What is the asking price?
    The asking price for this property is $249,900.
    (518) 483-7700
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    578 Main St Malone, NY 12953
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    Realmo Value Estimation

    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.

    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.

    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
    578 Main St Malone, NY 12953
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