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134 S Litchfield St, Frankfort, NY, 13340
Hometown Bar with Full Basement

134 S Litchfield St Frankfort, NY 13340

New
For Sale
$159,900

For-sale bar building with full basement, two commercial restrooms, and a large walk-in cooler.

Days on Market6

Property Features for 134 S Litchfield St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: Keller Williams Realty Syracuse
Listed By: Delbert Ball · License #10401246417
Source: Elliman
Added: Jul 25 Changed: Jul 26 Last Checked: Jul 29 at 7:35AM

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 Keller Williams Realty Syracuse

Investment Insights

Based on property information with market context.

Building ONLY for sale at 134 S Litchfield St, Frankfort, NY 13340. The property is currently operated by one of the owners as a local hometown bar.

The building includes over 1,000 square feet with a full basement. It offers two commercial bathrooms and a large walk-in cooler, providing practical space for continued bar and food service use.

The area is described as somewhat bikeable (bikeScore 24) and car-dependent (walkScore 24), which may be important for customers arriving by vehicle.

Key Highlights

  • For‑sale bar building with full basement and more than 1,000 sq ft
  • Two commercial restrooms
  • Large walk‑in cooler

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 $17.9k $16.20
− Vacancy −$930 −$0.84
EGI $17.0k $15.36
− OpEx −$4.2k −$3.84
NOI $12.7k $11.52
1,104 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$181.7K
$159.0K – $211.9K (±1% cap)
NOI $12,716 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.9K
$254.6K – $339.4K (±1% cap)
NOI $20,365 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Perri's Pub Bar & Pub

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Nail Salon Electrical Service Pharmacy

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • V-Ja's Lounge — 307 E Main St, Frankfort, NY 13340
  • Heelpath Brewing Co — 122 Marina Park Dr, Frankfort, NY 13340
  • Perri's Pub — 134 S Litchfield St, Frankfort, NY 13340

Frequently Asked Questions

What type of property is this?
Bar & Pub - For-sale bar building with full basement, two commercial restrooms, and a large walk-in cooler.
Where is this bar & pub located?
The property is located at 134 S Litchfield St Frankfort, NY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: For‑sale bar building with full basement and more than 1,000 sq ft; Two commercial restrooms; Large walk‑in cooler
More about this property
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