Brewery with Dining and
For Sale
$1,100,000
697 Bear Swamp Road, Peru, NY 12972
Commercial zoning, a production brewery, multiple dining areas, and an outdoor seasonal seating area support an integrated operation.
Property Size8,468 SF
Lot Size3.30 Acres
Price / SF$129.90
Days on Market231
Property Features for 697 Bear Swamp Road
General Information
Standard status
Active
Size
8,468 SF
Total Parking Spaces
204
Lot size
3.30 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Patio
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$11,372
Amenities
big screen television
radiant in-floor heating
3 AC units
on-demand generator
loading dock
handicap ramp access
Ceiling Fan(s)
Entrance Foyer
High Ceilings
Open Floorplan
Lighting
Building Details
Building Size
8,468 SF
Year Built
1993
Listing Agency:
REMAX North Country
(518) 563-1200
Listed By:
Tina Calkins Covey · License #31C00892693
(518) 335-5699
Source:
Homerootsrealty
Added: Mar 9
Changed: Oct 24
Last Checked: Oct 24 at 3:25PM
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 REMAX North Country
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 8,468-square-foot brewery and restaurant occupies a 3.3-acre parcel and was built in 1993. The building includes a commercial kitchen, walk-in cooler and freezer, two dining rooms, a bar, and a banquet room with a separate bar. A seasonal outdoor dining area is accessible through French doors. Brewery equipment includes a 7-Barrell brewing room, two closed and two open fermentation tanks, a keg washer, and a canning line. Additional features include a loading dock, basement storage, a separate storage building, three AC units, and an on-demand generator.
The property is approximately ¼ mile from I87 highway access. Paved parking provides 204 spaces, and the building has a handicap ramp. Stated occupancy capacity is 504 people; the property is zoned Commercial.
The property is approximately ¼ mile from I87 highway access. Paved parking provides 204 spaces, and the building has a handicap ramp. Stated occupancy capacity is 504 people; the property is zoned Commercial.
Key Highlights
- 3.3‑acre parcel with an 8,468‑square‑foot building
- 7‑Barrell brewing room with 2 closed and 2 open fermentation tanks
- Keg washer and canning line included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,260
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,045,200
$1.0M
Cap Rate 7%
$746,571
$746.6K
Cap Rate 9%
$580,667
$580.7K
Market Conditions
NOI Build-Up for 8,468 SF
Gross rent
$80.3K $9.48/SF
− Vacancy
−$5.6K −$0.66/SF
EGI
$74.7K $8.82/SF
− OpEx
−$22.4K −$2.64/SF
NOI
$52.3K $6.17/SF
Area
Clinton County, NY
Vacancy
7.00%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,045,200
Cap Rate 7%
$746,571
Cap Rate 9%
$580,667
Alternative Uses
Best Use
Specialty Retail
$1.56M
$1.37M – $1.83M
NOI $109,517 @ 7.0% cap · market cap 9.96%
Second Best
Industrial
$746.6K
$653.3K – $871.0K
NOI $52,260 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,399 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 12972, NY
6,212
Population
2,965
Households
2.1
Avg Household Size
43
Median Age
33%
College-Educated
93%
High-School Grad
76.2 sq mi
ZIP Area
82
Density / Sq Mi
$120,822
Median Household Income
$59,525
Median Earnings
$1,178
Median Rent
$195,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Brewery - Commercial zoning, a production brewery, multiple dining areas, and an outdoor seasonal seating area support an integrated operation.
Where is this brewery located?
The property is located at 697 Bear Swamp Road Peru, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3.3‑acre parcel with an 8,468‑square‑foot building; 7‑Barrell brewing room with 2 closed and 2 open fermentation tanks; Keg washer and canning line included
