Bar and Pub with
For Sale
$475,900
6848 Erie Road, Derby, NY 14047
Residential, Derby, NY
Property Size3,036 SF
Lot Size0.68 Acres
Price / SF$156.75
Days on Market144
Property Features for 6848 Erie Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Patio and Porch features
Deck
Interior features
CeilingFans
Exterior features
Deck
Appliances
GasWaterHeater
Lot features
Corner Lot, Rectangular, Rectangular Lot
Elementary school
Highland Elementary
Middle school
Lake Shore Central Middle
High school
Lake Shore Senior High
Elementary school district
Lake Shore (Evans-Brant)
Middle school district
Lake Shore (Evans-Brant)
High school district
Lake Shore (Evans-Brant)
Subdivision
Evans-144489
Standard status
Active
APN
144489-192-200-0009-009-000
Size
3,036 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Annual Amount
7607
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1960
Floors in Building
2
Number of units
1
Flooring type
Varies, Carpet
Building materials
VinylSiding
Roof type
Asphalt, Membrane, Rubber
Listing Agency:
WNY Metro Roberts Realty
(716) 947-5555
Listed By:
Kimberly Hulburd · License #40HU0735049
(716) 725-8725
Added: May 28
Changed: Oct 16
Last Checked: Oct 18 at 7:06PM
MLS# B1685490
Copyright © 2026 New York State Alliance of MLSs, LLC. 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 3,036-square-foot bar and pub property includes a 18-by-28-foot bar area with a 30-foot bar top, a 30-by-30-foot dining room, and a 29-by-11-foot commercial kitchen equipped for operations. Additional space includes a 20-by-20-foot storage and office area, an 800-square-foot two-bedroom apartment, and a 34-by-16-foot covered deck. The apartment also has newer windows and a 10-by-11-foot deck.
Built in 1960, the vinyl-sided property occupies a 0.6775-acre corner lot at 6848 Erie Road in Derby, New York. A blacktop parking area accommodates approximately 35 vehicles. Building systems include central air, forced-air heating, two-zone baseboard heating, and public water. The kitchen includes a recently updated 10-by-8-foot walk-in cooler, while the roof includes membrane, asphalt, and rubber materials.
Built in 1960, the vinyl-sided property occupies a 0.6775-acre corner lot at 6848 Erie Road in Derby, New York. A blacktop parking area accommodates approximately 35 vehicles. Building systems include central air, forced-air heating, two-zone baseboard heating, and public water. The kitchen includes a recently updated 10-by-8-foot walk-in cooler, while the roof includes membrane, asphalt, and rubber materials.
Key Highlights
- 3,036‑square‑foot bar and pub property on a 0.6775‑acre corner lot
- 18‑by‑28‑foot bar area with a 30‑foot bar top
- 30‑by‑30‑foot dining room and 29‑by‑11‑foot commercial kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,560
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,200
$731.2K
Cap Rate 7%
$522,286
$522.3K
Cap Rate 9%
$406,222
$406.2K
Market Conditions
NOI Build-Up for 3,036 SF
Gross rent
$54.6K $18.00/SF
− Vacancy
−$5.9K −$1.94/SF
EGI
$48.7K $16.06/SF
− OpEx
−$12.2K −$4.01/SF
NOI
$36.6K $12.04/SF
Area
Erie County, NY
Vacancy
10.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,200
Cap Rate 7%
$522,286
Cap Rate 9%
$406,222
Alternative Uses
Best Use
Specialty Retail
$522.3K
$457.0K – $609.3K
NOI $36,560 @ 7.0% cap · market cap 7.68%
Second Best
Industrial
$190.3K
$166.6K – $222.1K
NOI $13,324 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$663.7K
$580.7K – $774.3K
NOI $46,458 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14047, NY
6,152
Population
2,707
Households
2.3
Avg Household Size
47
Median Age
19%
College-Educated
91%
High-School Grad
13.1 sq mi
ZIP Area
470
Density / Sq Mi
$76,525
Median Household Income
$45,546
Median Earnings
$964
Median Rent
$180,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Meadowbrook Restaurant & Bar — 6848 Erie Rd, Derby, NY 14047
- The Shore House Bar & Grill — 6558 Lake Shore Rd, Derby, NY 14047
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established hospitality property with a full kitchen, covered deck, and on-site apartment.
Where is this bar & pub located?
The property is located at 6848 Erie Road Derby, NY.
What is the asking price?
The asking price for this property is $475,900.
What are key features of this property?
This property features: 3,036‑square‑foot bar and pub property on a 0.6775‑acre corner lot; 18‑by‑28‑foot bar area with a 30‑foot bar top; 30‑by‑30‑foot dining room and 29‑by‑11‑foot commercial kitchen
