Restaurant and Bar with
For Sale
$449,000
327 Broadway, Menands, NY 12204
Commercial Sale, Menands, NY
Property Size1,876 SF
Lot Size0.06 Acres
Price / SF$239.34
Days on Market186
Property Features for 327 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
50
Parking features
On Street, Off Street
Security features
Security
Patio and Porch features
Deck
Interior features
Paddle Fan, Wet Bar, Wired for Sound
Exterior features
Lighting
Basement
Full, Interior Entry, Unfinished
Lot features
Road Frontage, Level
Elementary school district
Menands UFSD
Middle school district
Menands UFSD
High school district
Menands UFSD
Directions
RT 32 (Broadway) across from Menand Road in Menands
Standard status
Active
APN
012603 55.6-2-11
Size
1,876 SF
Lot size
0.06 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Annual Amount
5440
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Amenities
pool table
dart board
Building Details
Year built
1955
Floors in Building
1
Flooring type
Hardwood
Building materials
Brick
Roof type
Rubber, Flat
Listing Agency:
DiBlasi Real Estate
Listed By:
John S DiBlasi · License #10491211230
(518) 857-1505
Added: Apr 30
Changed: Oct 27
Last Checked: Nov 1 at 4:06AM
MLS# 202616152
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,876-square-foot brick restaurant and bar, built in 1955, is offered with its operating business. The 0.06-acre property includes indoor capacity for 90 people, with 35 dining seats, plus a deck with seating for 40. A pool table and dartboard add to the customer area. Recent equipment additions cited for 2026 include two fryers, a pizza oven, and barstools. The building has hardwood flooring, central air, natural gas heat, and wet-bar features. Commercial zoning applies, and parking is available both on and off street.
At 327 Broadway in Menands, the property is served by public water and public sewer. The sale combines the restaurant operation and the real estate in one offering.
At 327 Broadway in Menands, the property is served by public water and public sewer. The sale combines the restaurant operation and the real estate in one offering.
Key Highlights
- Restaurant business and real estate offered together
- 1,876 square feet on a 0.06‑acre lot
- Indoor capacity for 90, including 35 dining seats
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,992
Cap Rate
5.79%
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 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.9K
$433.1K – $577.4K
NOI $34,646 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The operating business transfers with the real estate, including indoor dining and additional outdoor seating.
Where is this conventional restaurant located?
The property is located at 327 Broadway Menands, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Restaurant business and real estate offered together; 1,876 square feet on a 0.06‑acre lot; Indoor capacity for 90, including 35 dining seats
