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Established Restaurant/Bar Opportunity
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1275 Saw Mill River Rd, Yonkers, NY 10710

Long-established bar/restaurant with growth potential on the Yonkers/Hastings border.

Property Size1,840 SF
Days on Market828

Property Features for 1275 Saw Mill River Rd

General Information

Standard status Active
Size 1,840 SF
Property subtype Retail
Zoning T-District

Building Details

Stories 1
Listing Agency: RM Friedland
Listed By: John Barrett · License #NY10301202670
Source: Crexi
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 18 at 9:29PM

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 RM Friedland

Investment Insights

Based on property information with market context.

The subject property is a single-story retail building, currently configured as a restaurant, situated on the border of Yonkers and Hastings-on-Hudson in Westchester County. The property, with a history as a bar/restaurant spanning 70 years, benefits from a strong reputation and loyal customer base. The location ensures access to a diverse market, leveraging favorable economic conditions and demographic trends. The property is grandfathered as commercial but zoned as of right for two-family dwellings. The 1,840 square foot property can be delivered broom swept and vacant, presenting an opportunity for a user or investor. This location is suited for continued success under new ownership. This versatile property also offers possibilities for development for discerning investors. It represents a rare opportunity to acquire a prime piece of real estate with exceptional potential for development and value creation. Whether seeking to capitalize on commercial opportunities, satisfy housing demand, or diversify investment portfolios, this opportunity offers a compelling proposition for investors looking to make a strategic move.

Key Highlights

  • Long‑established bar/restaurant location (70 years) with a strong reputation and loyal customer base.
  • Prime location on the border of Yonkers and Hastings, providing access to a diverse market.
  • Significant growth potential for the existing bar/restaurant business.

Property Analytics

Current Use

Clarke's Bar & Pub

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon Auto Parts Store (Bike/Boat/Book/etc) Store Skin Care Clinic

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

268
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10710, NY

26,725
Population
10,107
Households
2.6
Avg Household Size
46
Median Age
44%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
5,810
Density / Sq Mi
$100,783
Median Household Income
$58,949
Median Earnings
$1,797
Median Rent
$534,000
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
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Similar Off Market Nearby

  • Clarke's 1275 Saw Mill River Rd, Yonkers, NY 10710

Frequently Asked Questions

What type of property is this?
Bar & Pub - Long-established bar/restaurant with growth potential on the Yonkers/Hastings border.
Where is this bar & pub located?
The property is located at 1275 Saw Mill River Rd Yonkers, NY.
What are key features of this property?
This property features: Long‑established bar/restaurant location (70 years) with a strong reputation and loyal customer base.; Prime location on the border of Yonkers and Hastings, providing access to a diverse market.; Significant growth potential for the existing bar/restaurant business.
(914) 968-8500 Call to check price and availability
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