2121 State Route 96, Clifton Springs, NY
Turnkey bar with equipment and additional income streams.
- Added:
- Aug 27, 2024
- Days on Market:
- 657
- Last Refresh:
- May 19 at 8:42 pm
Property Features for 2121 State Route 96
General Information
- Standard status
- Active
- Size
- 2,102 SF
- Lot size
- 1.66 Acres
- Property subtype
- RETAIL
Listing agent Sherry Cascini (585) 267-9147
Listing office Hunt Real Estate ERA (585) 267-9147
Listing date Aug 27, 2024
Source Moodyscre
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 Real Estate ERA
HighLights
- Established bar with existing equipment included, such as tables, bar stools, pizza oven, grill, fryers, coolers and televisions.
- Multiple income streams from pool table, dart boards, ATM, Loto machine, and Dragon machine.
- New cooling unit installed in 2024.
- Walk‑in cooler on site.
- Remodeled men's room (2018).
- Coolers behind bar replaced in 2018.
Overview
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 | $45.4k | $21.60 |
| − Vacancy | −$1.2k | −$0.56 |
| EGI | $44.2k | $21.04 |
| − OpEx | −$11.1k | −$5.26 |
| NOI | $33.2k | $15.78 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Vonnie's Halfway Haus — 2121 NY-96, Clifton Springs, NY 14432
Location Insight
- Map
- Local Demand
- City
- Clifton Springs
- County
- Ontario
- State
- New York
- Longitude
- -77.1023
- Latitude
- 42.9609
