Turnkey Wine & Spirits
98 W Main St Cambridge, NY 12816
98 W Main St, Cambridge, NY, 12816
$595,000
Pending
For Sale
$595,000
Pending
Turnkey wine and spirits business with a bright retail area, large stockroom, and updated mechanical systems.
Property Size2,214 SF
Days on Market276
Property Features for 98 W Main St
General Information
- Standard status
- Pending
- Size
- 2,214 SF
Listing agency
Preble Realty LLC
(518) 796-3156
Listed by
Kristen M Preble
(518) 796-3156
Source
Exprealty
Added: Oct 21, 2025 Updated: Jul 22 at 1:09PM Checked: Jul 22 at 1:09PM
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 Preble Realty LLC
Investment Insights
Based on property information with market context.
This offering presents a turnkey wine and spirits retail operation designed for steady day-to-day sales. The property includes a bright, airy retail space along with a large stockroom to support inventory needs, and it features updated mechanical systems. The building is well maintained, and the parking lot has been freshly seal-coated and paved.
The business sits on a spacious lot with excellent visibility and ample customer parking to support convenient in-and-out access for shoppers.
This is being offered as a proven, consistently profitable operation with strong year-over-year growth, ready for new ownership.
The business sits on a spacious lot with excellent visibility and ample customer parking to support convenient in-and-out access for shoppers.
This is being offered as a proven, consistently profitable operation with strong year-over-year growth, ready for new ownership.
Key Highlights
- Turnkey wine & spirits business with a bright, airy retail space
- Large stockroom for product storage
- Updated mechanical systems
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.2k | $18.60 |
| − Vacancy | −$1.7k | −$0.78 |
| EGI | $39.5k | $17.82 |
| − OpEx | −$11.8k | −$5.35 |
| NOI | $27.6k | $12.47 |
2,214 SF · lease $18.60/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$394.5K
$345.2K – $460.3K
NOI $27,616 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.3K
$480.6K – $640.8K
NOI $38,449 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Black Dog Wines ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Turnkey wine and spirits business with a bright retail area, large stockroom, and updated mechanical systems.
Where is this retail space located?
The property is located at 98 W Main St Cambridge, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Turnkey wine & spirits business with a bright, airy retail space; Large stockroom for product storage; Updated mechanical systems
