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Turnkey Bar & Grill Opportunity

7641 State Route 3 Henderson, NY 13650

Claim this Listing
For Sale
$269,000

Established restaurant and bar on 4 acres near state parks.

Type:Commercial
Property size:
2,300 SF
Lot size:
4.00 Acres
Price / SF:
$116/SF
Added:
May 9, 2026
Days on Market:
65
Last Refresh:
May 9 at 2:13 am

Property Features for 7641 State Route 3

General Information

Standard status
Active
Size
2,300 SF
Lot size
4.00 Acres
Property subtype
Commercial

Building Details

Year Built
1984

Listing office

Listing date May 9, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Danielle Stover


Investment Insights

Based on property information with market context.

Shady Pines Bar & Grill presents a turnkey business opportunity. The property is situated on over 4 acres along State Route 3 in Henderson, offering visibility and accessibility. This year-round restaurant and bar is located minutes from Henderson Harbor, between Southwick Beach State Park and Westcott Beach State Park. The approximately 2,300 square foot facility has been updated and is equipped for operation. Recent improvements include a renovated bar area and a commercial-grade kitchen featuring updated equipment and a professionally inspected Ansul fire suppression system. The kitchen is outfitted with a walk-in cooler and multiple cooking stations including stoves, grills, fryers, and ovens. Additional highlights include a modern Toast POS system, a raised bed septic system certified by the DEC, and on-site parking. The property benefits from consistent seasonal and local customer flow.

Key Highlights

  • Turnkey, fully equipped restaurant and bar ready for immediate operation.
  • Prime location on State Route 3 with high visibility and accessibility.
  • Located between Southwick Beach and Westcott Beach State Parks, ensuring consistent seasonal and local customer traffic.

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 $32.8k $14.28
− Vacancy −$1.4k −$0.60
EGI $31.5k $13.68
− OpEx −$7.9k −$3.42
NOI $23.6k $10.26
2,300 SF · lease $14.28/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$337.1K
$295.0K – $393.3K (±1% cap)
NOI $23,598 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$634.0K
$554.8K – $739.7K (±1% cap)
NOI $44,381 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shady Pines Bar ... Restaurant

Suggested Use

Storage Facility Garden Center Grocery & Convenience Store Restaurant

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

FAQs

What type of property is this?
Bar & Pub - Established restaurant and bar on 4 acres near state parks.
Where is this bar & pub located?
The property is located at 7641 State Route 3 Henderson, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Turnkey, fully equipped restaurant and bar ready for immediate operation.; Prime location on State Route 3 with high visibility and accessibility.; Located between Southwick Beach and Westcott Beach State Parks, ensuring consistent seasonal and local customer traffic.
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