Bar and Restaurant with
New
For Sale
$350,000
534489-1066 State Route 196, Hudson Falls, NY 12839
The operating venue includes bar and kitchen equipment that will transfer with the building.
Property Size1,420 SF
Price / SF$246.48
Days on Market6
Property Features for 534489-1066 State Route 196
General Information
Standard status
Active
Size
1,420 SF
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$3,428
Amenities
Patio
Garage
Building Details
Abandoned
No
Listing Agency:
Hometown Area Realty LLC
(518) 744-0399
Listed By:
Rhonda Jarvis · License #10491212038
(518) 744-7026
Source:
Exprealty
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 10 at 1:54AM
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 Hometown Area Realty LLC
Investment Insights
Based on property information with market context.
An active bar and restaurant in Hudson Falls, this property is being offered with a range of interior equipment and furnishings. The package includes a rice cooker, stove, fryer, coolers, refrigerators, stainless prep stands, six tables, 15 chairs, 12 bar stools, and seven TVs. A second fryer, still crated, is also included. The bar ceiling has been insulated and updated, and the lighting, ceiling fans, and Ansul system have received upgrades.
Outdoor space includes a 40-by-36-foot patio, with a covered area measuring 20 by 22 feet. A 12-by-34-foot garage provides additional enclosed space, and parking is available around the building. The business name and LLC are excluded from the sale; the property is described as ready to operate under a new LLC, with approvals.
Outdoor space includes a 40-by-36-foot patio, with a covered area measuring 20 by 22 feet. A 12-by-34-foot garage provides additional enclosed space, and parking is available around the building. The business name and LLC are excluded from the sale; the property is described as ready to operate under a new LLC, with approvals.
Key Highlights
- Active bar and restaurant with furnishings and kitchen equipment included
- 40‑by‑36‑foot patio, including a 20‑by‑22‑foot covered section
- 12‑by‑34‑foot garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,268
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,360
$445.4K
Cap Rate 7%
$318,114
$318.1K
Cap Rate 9%
$247,422
$247.4K
Market Conditions
NOI Build-Up for 1,420 SF
Gross rent
$30.7K $21.60/SF
− Vacancy
−$982 −$0.69/SF
EGI
$29.7K $20.91/SF
− OpEx
−$7.4K −$5.23/SF
NOI
$22.3K $15.68/SF
Area
Washington County, NY
Vacancy
3.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,360
Cap Rate 7%
$318,114
Cap Rate 9%
$247,422
Alternative Uses
Best Use
Specialty Retail
$318.1K
$278.4K – $371.1K
NOI $22,268 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.3K
$308.3K – $411.0K
NOI $24,660 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12839, NY
13,618
Population
6,515
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
31.0 sq mi
ZIP Area
439
Density / Sq Mi
$70,006
Median Household Income
$41,545
Median Earnings
$1,018
Median Rent
$161,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - The operating venue includes bar and kitchen equipment that will transfer with the building.
Where is this bar & pub located?
The property is located at 534489-1066 State Route 196 Hudson Falls, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Active bar and restaurant with furnishings and kitchen equipment included; 40‑by‑36‑foot patio, including a 20‑by‑22‑foot covered section; 12‑by‑34‑foot garage
