Turnkey Restaurant Bar with
42 S Main Street Voorheesville, NY 12186
42 S Main Street, Voorheesville, NY, 12186
$1,695,000
For Sale
$1,695,000
Recently constructed restaurant bar with seating, outdoor patio, and private event space; FFE included.
Property Size4,976 SF
Price / SF$340.64
Days on Market11
Property Features for 42 S Main Street
General Information
- Standard status
- Active
- Size
- 4,976 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2023
Listing Agency
CARROW REAL ESTATE SERVICES LLC
(518) 462-7491
Listed by
RUDY R LYNCH · License #10301200002
Source
Corcoran
Added: Jul 8 Checked: Jul 17 at 2:27 am
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 CARROW REAL ESTATE SERVICES LLC
Investment Insights
Based on property information with market context.
Recently constructed and offered as turnkey, this restaurant bar property was completed in 2023 and presents a contemporary-rustic interior package ready for immediate operation. The setup includes seating for approximately 164 guests, an outdoor patio seating area, and a year-round golf simulator entertainment area. A dedicated private event space supports group hosting, while the sale includes existing FFE to support a seamless transition.
Located at a prominent corner on S Main Street in Voorheesville, the property benefits from strong visibility and signage. On-site parking is available, supporting convenient access for patrons.
This is a hospitality-focused build designed to accommodate both everyday dining and private events, with an entertainment component that extends seasonality through the included golf simulator.
Located at a prominent corner on S Main Street in Voorheesville, the property benefits from strong visibility and signage. On-site parking is available, supporting convenient access for patrons.
This is a hospitality-focused build designed to accommodate both everyday dining and private events, with an entertainment component that extends seasonality through the included golf simulator.
Key Highlights
- Recently built 4,976 SF restaurant/bar completed in 2023
- Seating for approximately 164 guests plus outdoor patio seating
- Includes year‑round golf simulator entertainment area and private event space
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.6k | $18.00 |
| − Vacancy | −$3.8k | −$0.76 |
| EGI | $85.8k | $17.24 |
| − OpEx | −$21.5k | −$4.31 |
| NOI | $64.4k | $12.93 |
4,976 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$919.4K
$804.4K – $1.07M
NOI $64,355 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,691 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- Northern Barrell — 10 N Main St Bld. 6, Voorheesville, NY 12186
- Country Club Estates — 8 Fairway Ct, Voorheesville, NY 12186
FAQs
What type of property is this?
Bar & Pub - Recently constructed restaurant bar with seating, outdoor patio, and private event space; FFE included.
Where is this bar & pub located?
The property is located at 42 S Main Street Voorheesville, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Recently built 4,976 SF restaurant/bar completed in 2023; Seating for approximately 164 guests plus outdoor patio seating; Includes year‑round golf simulator entertainment area and private event space