34675 State Hwy 10 Hamden, NY 13782-1103
This thriving bar, located at 34675 State Hwy 10 in Hamden, NY, presents a unique investment opportunity. Established for over 30 years, this 1,500 square foot business boasts a loyal customer base and prime location in the heart of the Catskill Mountains. The property includes a full tap system, walk-in cooler, and a kitchen suitable for preparing small plates. The inviting interior creates a cozy atmosphere, complemented by a spacious outdoor pavilion and smoke pit, perfect for hosting events. Built in 1990, this well-maintained establishment offers a wide variety of drinks, including local beers, signature cocktails, and wines. The asking price is $295,000, with a price per square foot of $263. The property sits on a 38,333 square foot lot and is situated on one level. This turnkey operation is ready for a new owner to continue its success and capitalize on the significant tourism in the area. The business is well-positioned for continued growth and expansion, making it an attractive investment for experienced entrepreneurs seeking a profitable venture in a picturesque setting. This is a rare opportunity to own a well-established business in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Hamden, NYHamden. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.