Property profile

10832 Gloades Corners Rd Prattsburgh, NY 14873

OFF-MARKET
Commercial real estate
6,000 SF 2 ac lot Built 2014
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This fully operational bar and restaurant, located in Prattsburgh, NY, boasts 6,000 square feet of space on a 2-acre lot. Situated in the heart of New York's wine country, minutes from Keuka Lake, it benefits from proximity to numerous wineries, breweries, and tourist attractions. The establishment features a relaxing dining area with seating for 120, and a spacious banquet hall accommodating up to 250 guests, perfect for events. The well-equipped kitchen includes all appliances and equipment, ensuring a smooth transition for the new owner. A large parking lot easily accommodates RVs, buses, and other large vehicles. The business enjoys a loyal year-round clientele and significant seasonal traffic, generating weekly sales of $18,000. Current licenses include a New York State liquor license and a lottery license. Part-time employees are in place, and the business operates five days a week. Financial details and a full inventory list are available upon signing a non-disclosure agreement. An additional property, a 2-bedroom, 2-bathroom manufactured home (1512 sq ft) on 2.66 acres with a pond view, is available for purchase separately or as part of a package deal. This presents an ideal owner-occupied living situation. The combined property package, including the bar and restaurant, and the residential property, is available for $1.1 million.

Property profile

Verified
Property type Commercial real estate
Year built 2014
Total area 6,000 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

10832 Gloades Corners Rd Prattsburgh, NY 14873
Prattsburgh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10832 Gloades Corners Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message