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    OFF-MARKET
    Commercial real estate

    10832 Gloades Corners Rd, Prattsburgh, NY 14873

    6,000 SF 2 ac lot Built 2014
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • JB's Bar and Grill Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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