Turnkey Restaurant and Fuel
For Sale
$189,000
2107 N Osceola Road, Camden, NY 13316
Completely renovated restaurant, bar, and fuel station with outdoor gas pumps for year-round traffic.
Property Size2,122 SF
Days on Market497
Property Features for 2107 N Osceola Road
General Information
Standard status
Active
Size
2,122 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
COM1, Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$2,745
Building Details
Building Size
2,122 SF
Year Built
1980
Buildings
1
Stories
1
Listing Agency:
Hunt Commercial Real Estate
(315) 622-5040
Listed By:
Steven M Reed · License #10301215830
(315) 622-5040
Source:
Northstarwny
Added: Apr 16, 2025
Changed: Aug 23
Last Checked: Aug 24 at 2:43PM
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 Hunt Commercial Real Estate
Investment Insights
Based on property information with market context.
This turnkey restaurant and bar with fuel station has been completely renovated and is ready for new ownership. Updates include electrical and insulation, refreshed restaurant equipment, and the addition of a walk-in/reach-in cooler. Outdoor gas pumps are also in place to support continuous business throughout the day and night.
The property is positioned to serve outdoor traffic, located on the extensive Lewis County Trail System and near the Salmon River and Tri-State Forest.
In addition to the restaurant and bar operations, an adjacent residential property may be bundled with the sale for use as an onsite owner-operator residence or as a rental property for visitors to the recreational destination.
The property is positioned to serve outdoor traffic, located on the extensive Lewis County Trail System and near the Salmon River and Tri-State Forest.
In addition to the restaurant and bar operations, an adjacent residential property may be bundled with the sale for use as an onsite owner-operator residence or as a rental property for visitors to the recreational destination.
Key Highlights
- Completely renovated restaurant/bar and fuel station, ready for new owners.
- Renovation updates include electrical, insulation, restaurant equipment, and walk‑in/reach‑in cooler.
- Outdoor gas pumps support continuous day or night year‑round business.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,124
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,480
$262.5K
Cap Rate 7%
$187,486
$187.5K
Cap Rate 9%
$145,822
$145.8K
Market Conditions
NOI Build-Up for 2,122 SF
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.
Gross rent
$20.1K $9.48/SF
− Vacancy
−$1.4K −$0.64/SF
EGI
$18.7K $8.84/SF
− OpEx
−$5.6K −$2.65/SF
NOI
$13.1K $6.18/SF
Area
Oneida County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$262,480
Cap Rate 7%
$187,486
Cap Rate 9%
$145,822
Alternative Uses
Best Use
Specialty Retail
$349.2K
$305.5K – $407.4K
NOI $24,442 @ 7.0% cap · market cap 12.93%
Second Best
Retail
$304.9K
$266.8K – $355.8K
NOI $21,345 @ 7.0% cap · market cap 11.29%
Theoretical Best
Office A
$559.2K
$489.3K – $652.4K
NOI $39,143 @ 7.0% cap · market cap 20.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13316, NY
6,512
Population
3,175
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
169.9 sq mi
ZIP Area
38
Density / Sq Mi
$62,941
Median Household Income
$45,506
Median Earnings
$800
Median Rent
$158,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Completely renovated restaurant, bar, and fuel station with outdoor gas pumps for year-round traffic.
Where is this bar & pub located?
The property is located at 2107 N Osceola Road Camden, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Completely renovated restaurant/bar and fuel station, ready for new owners.; Renovation updates include electrical, insulation, restaurant equipment, and walk‑in/reach‑in cooler.; Outdoor gas pumps support continuous day or night year‑round business.
