Established Restaurant and Bar for
For Sale
$495,000
327 Broadway, Menands, NY 12204
Well-established restaurant and bar with a decades-long successful track record.
Property Size1,876 SF
Price / SF$263.86
Days on Market155
Property Features for 327 Broadway
General Information
Standard status
Active
Size
1,876 SF
Property subtype
Business
Building Details
Building Size
1,876 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: May 14
Changed: Oct 13
Last Checked: Oct 14 at 7:41PM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This well-established restaurant and bar, with a size of 2,000 sqft, has a history of successful operation spanning decades. The business benefits from recurring sales. The staff actively promotes kitchen specials and bar offerings on social media, contributing to business growth. The venue hosts numerous events throughout the year to attract patrons. The interior is well-designed, providing ample seating, and includes a pool table and dart board. An outdoor deck offers space for recreation, complemented by ample parking. The property features a brick building in good condition. The sale includes both the business and the building.
Key Highlights
- Established, successful restaurant and bar with decades‑long track record.
- Sale includes both the business and the building.
- Recurring sales and efficient operations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,992
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,840
$519.8K
Cap Rate 7%
$371,314
$371.3K
Cap Rate 9%
$288,800
$288.8K
Market Conditions
NOI Build-Up for 1,876 SF
Gross rent
$37.1K $19.80/SF
− Vacancy
−$2.5K −$1.33/SF
EGI
$34.7K $18.47/SF
− OpEx
−$8.7K −$4.62/SF
NOI
$26.0K $13.86/SF
Area
Albany, NY
Vacancy
6.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,840
Cap Rate 7%
$371,314
Cap Rate 9%
$288,800
Alternative Uses
Best Use
Specialty Retail
$371.3K
$324.9K – $433.2K
NOI $25,992 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.9K
$433.1K – $577.4K
NOI $34,646 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 72%
Shops & Services 28%
True Value Hardware
Home Improvements & Furnishings
904 visits/mo
0.2 miles
McCarthy Tire Service
Shops & Services
347 visits/mo
0.3 miles
Demographics for 12204, NY
7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Kris’ Mid City Tavern — 327 Broadway, Menands, NY 12204
Frequently Asked Questions
What type of property is this?
Bar & Pub - Well-established restaurant and bar with a decades-long successful track record.
Where is this bar & pub located?
The property is located at 327 Broadway Menands, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Established, successful restaurant and bar with decades‑long track record.; Sale includes both the business and the building.; Recurring sales and efficient operations.
