Technical
Financial
Distress signals
Property profile

15903 State Rte 30 Constable, NY 12926

OFF-MARKET
Bars & Pubs
Property ID
US63-0935385
0.33 ac lot
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents the Constable Pub, a well-established business operating for over 60 years at 15903 State Route 30, Constable, NY. The 3,500 square foot building sits on a 0.33-acre lot and offers a unique blend of commercial and residential income streams. The pub itself has undergone significant improvements in recent years, including a new metal roof and siding installed within the last decade. The kitchen was fully updated and brought into code compliance in 2009, ensuring smooth operations. A complete remodel of the interior restaurant and bar areas was completed in 2011, enhancing the overall aesthetic and functionality of the space. Adding to the property's appeal are two residential units located on the second floor: a one-bedroom studio and a two-bedroom apartment, generating a combined monthly rental income of $900. This turnkey operation presents a rare chance to acquire a profitable business with immediate cash flow potential and significant upside. The property's prime location on State Route 30 ensures high visibility and accessibility for patrons. This is an ideal opportunity for an entrepreneur seeking a well-established business with additional rental income, or an investor looking for a strong return on investment in a thriving community. The asking price is $190,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Lot 0.33 ac (14,375 SF)
APN 163600 56.1-1-17
UPID US63-0935385

Cap rate & NOI

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

Location

15903 State Rte 30 Constable, NY 12926-2829
Constable metro Census 952000 MALONE, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2009
1 recorded transaction
2009
$80,000

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
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