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    5638 State Route 28N Newcomb, NY 12852

    Sponsored
    For Sale
    $279,999

    Mixed-use building, high traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional investment opportunity presents a well-maintained mixed-use building formerly operating as Dolan's Sports Bar, ideally situated on a high-visibility, high-traffic section of State Route 28N in Newcomb, NY. The property boasts a full-service kitchen, bar, and pool table area with ample seating, ready for a new owner to revitalize. Extensive parking is available for customer convenience. Beyond the bar area, the property includes two separate apartments: one with two bedrooms and another with one bedroom. A unique feature is a two-story detached garage that has been converted into an additional one-bedroom apartment, offering further rental income potential. Located in the heart of the Adirondack High Peaks, this property is a haven for outdoor enthusiasts, providing easy access to hunting, fishing, and snowmobiling. The 1.4-acre lot offers significant space and potential for expansion or further development. The asking price is $279,999. This is a rare chance to own a versatile commercial property in a desirable location with strong potential for return on investment. The property's existing infrastructure and prime location make it an attractive proposition for a variety of businesses and investors. Don't miss this chance to capitalize on the thriving tourism and recreation industry in the Adirondacks.

    Property Features for 5638 State Route 28N

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    60,984 SF

    HighLights

    • Mixed‑use building, formerly Dolan's Sports Bar, on high‑traffic State Route 28N in Newcomb, NY.
    • Features full‑service kitchen, bar, and ample seating.
    • Includes two on‑site apartments (one 2‑bedroom, one 1‑bedroom) plus a detached 1‑bedroom apartment in a converted garage.
    • Offers extensive parking and a 1.4‑acre lot.
    • Asking price: $279,999.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Cafe & Coffee Shop Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newcomb
    County
    36031
    State
    New York
    Longitude
    -74.1593104
    Latitude
    43.9696437

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Mixed-use building, high traffic location.
    Where is this office property / space located?
    The property is located at 5638 State Route 28N Newcomb, NY.
    What is the asking price?
    The asking price for this property is $279,999.
    What are key features of this property?
    This property features: Mixed-use building, formerly Dolan's Sports Bar, on high-traffic State Route 28N in Newcomb, NY.; Features full-service kitchen, bar, and ample seating.; Includes two on-site apartments (one 2-bedroom, one 1-bedroom) plus a detached 1-bedroom apartment in a converted garage.
    Request Owner's contact information
    5638 State Route 28N Newcomb, NY 12852
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    Newcomb, NY 12852
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5638 State Route 28N Newcomb, NY 12852
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