Search
Commercial Property with Income Potential
For Sale
$175,000

38 Reid St, Amsterdam, NY 12010

Three-parcel commercial property with bar, event space, and apartment potential.

Property Size3,975 SF
Price / SF$44.03
Days on Market228

Property Features for 38 Reid St

General Information

Standard status Active
Size 3,975 SF
Listing Agency: Chad Majewski Real Estate
Listed By: Chad J Majewski · License #10371201846
Source: Countryboyrealty
Added: Mar 5 Changed: Oct 17 Last Checked: Oct 7 at 5:24PM

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 Chad Majewski Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial property, comprised of three separate parcels, presents opportunities for investors and entrepreneurs. The first floor features a fully operational bar, complete with a small kitchen and two restrooms. Adjacent to the bar is a recently renovated, gated outdoor common area. This space includes an updated patio and electrical setup, suitable for events, entertainment, or expanded service options. The second floor offers a spacious gathering area, which is suited for private parties, celebrations, or other revenue-generating activities. The third floor, previously an apartment, could be renovated to serve as rental income property or owner space. The property's flexible zoning allows for potential conversion into apartments or mixed-use spaces.

Key Highlights

  • Fully operational bar with kitchen and restrooms on the first floor.
  • Recently renovated, gated outdoor common area with updated patio and electric.
  • Spacious second‑floor gathering area for private events or revenue generation.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

St Michael's Club Bar & Pub

Suggested Use

Top Pick Real Estate Agency Electrical Service Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12010, NY

28,845
Population
13,436
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
128.3 sq mi
ZIP Area
225
Density / Sq Mi
$60,013
Median Household Income
$40,664
Median Earnings
$952
Median Rent
$161,500
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

Similar Off Market Nearby

  • Rug City Bar and Lounge — 14 Main St, Amsterdam, NY 12010
  • Sharp Shooters Billards Pub — 35 Main St, Amsterdam, NY 12010
  • Schotts Tavern — 47 James St, Amsterdam, NY 12010
  • Second Act Spirits — 37 Prospect St, Amsterdam, NY 12010

Frequently Asked Questions

What type of property is this?
Bar & Pub - Three-parcel commercial property with bar, event space, and apartment potential.
Where is this bar & pub located?
The property is located at 38 Reid St Amsterdam, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Fully operational bar with kitchen and restrooms on the first floor.; Recently renovated, gated outdoor common area with updated patio and electric.; Spacious second‑floor gathering area for private events or revenue generation.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again