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

38 Reid St, Amsterdam, NY 12010

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

Property Size3,975 SF
Days on Market277

Property Features for 38 Reid St

General Information

Standard status Pending
Size 3,975 SF

Taxes and HOA fees

Annual Taxes $3,632
Listing Agency: Chad Majewski Real Estate
Listed By: Chad J Majewski · License #10371201846
Source: Exprealty
Added: Nov 19, 2025 Changed: Aug 23 Last Checked: Aug 17 at 1:24PM

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

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

Current Use

St Michael's Club Bar & Pub

Suggested Use

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

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

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