15903 State Rte 30, Constable, NY 12926-2829
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.