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Three-Story Bar and Pub
For Sale
$2,699,000

226 Webb St, Clayton, NY 13624

Historic downtown operation with live music, patio seating, and an accompanying remodeled residence.

Property Size10,167 SF
Price / SF$265.47
Days on Market76

Property Features for 226 Webb St

General Information

Standard status Active
Size 10,167 SF

Additional Details

Business Included Yes
Patio Yes

Building Details

Year Built 1900
Buildings 2
Stories 3
Listing Agency: Lake Ontario Realty, LLC
Listed By: Amanda J Miller · License #49MI0953024
Source: Skinnercnyrealty
Added: Jul 31 Changed: Oct 14 Last Checked: Oct 12 at 9:16PM

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 Lake Ontario Realty, LLC

Investment Insights

Based on property information with market context.

This 10,167-square-foot bar and pub occupies a three-story historic building constructed in 1900. The operation includes a bar with capacity for 120, dining space for 100, an outdoor patio, and live music presented throughout the year. The business has operated for 23 years, employs almost 30 people, and maintains a 12-month operating schedule, with Mondays closed during winter.

The property is located at 226 Webb St in Clayton, adjacent to the Harbor Hotel and within the 1000 Islands area. A separate property at 223 Webb St is included in the sale. The recently remodeled residence contains three bedrooms and one bathroom, providing an additional on-site component for residential or lodging use.

Key Highlights

  • 10,167 SF, three‑story historic building constructed in 1900
  • Bar capacity of 120 and dining capacity of 100
  • Outdoor patio and live music presented year‑round

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,551
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,020 $2.9M
Cap Rate 7%
$2,036,443 $2.0M
Cap Rate 9%
$1,583,900 $1.6M
Market Conditions
NOI Build-Up for 10,167 SF
Gross rent
$257.4K $25.32/SF
− Vacancy
−$29.3K −$2.89/SF
EGI
$228.1K $22.43/SF
− OpEx
−$85.5K −$8.41/SF
NOI
$142.6K $14.02/SF
Area
Jefferson County, NY
Vacancy
11.40%
Lease Rate
$25.32 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,020
Cap Rate 7%
$2,036,443
Cap Rate 9%
$1,583,900

Alternative Uses

Best Use
Mixed Use
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,551 @ 7.0% cap · market cap 5.28%
Second Best
Specialty Retail
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,315 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,182 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

O'Briens Restaurant & Bar Restaurant

Suggested Use

Top Pick HVAC Service Hair Salon Grocery & Convenience Store Garden Center Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Home Improvements & Furnishings 9%
Sunoco Shops & Services
3,823 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
679 visits/mo 0.2 miles
Rak's Department Store Home Improvements & Furnishings
462 visits/mo 0.1 miles

Demographics for 13624, NY

4,967
Population
3,431
Households
1.4
Avg Household Size
45
Median Age
31%
College-Educated
85%
High-School Grad
63.3 sq mi
ZIP Area
78
Density / Sq Mi
$79,167
Median Household Income
$48,172
Median Earnings
$982
Median Rent
$224,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Spokes — 340 Riverside Dr, Clayton, NY 13624
  • Lost Navigator — 215 James St, Clayton, NY 13624
  • The Channelside — 506 Riverside Dr, Clayton, NY 13624
  • The Hops Spot Clayton — 507 Riverside Dr, Clayton, NY 13624
  • Saint Lawrence Spirits Downtown Tasting Room — 510 Riverside Dr, Clayton, NY 13624

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic downtown operation with live music, patio seating, and an accompanying remodeled residence.
Where is this bar & pub located?
The property is located at 226 Webb St Clayton, NY.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: 10,167 SF, three‑story historic building constructed in 1900; Bar capacity of 120 and dining capacity of 100; Outdoor patio and live music presented year‑round
More about this property
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