5638 State Route 28N, Newcomb, NY 12852
For Sale
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This exceptional investment opportunity presents a well-maintained mixed-use building formerly operating as Dolan's Sports Bar, ideally situated on a high-visibility, high-traffic section of State Route 28N in Newcomb, NY. The property boasts a full-service kitchen, bar, and pool table area with ample seating, ready for a new owner to revitalize. Extensive parking is available for customer convenience. Beyond the bar area, the property includes two separate apartments: one with two bedrooms and another with one bedroom. A unique feature is a two-story detached garage that has been converted into an additional one-bedroom apartment, offering further rental income potential. Located in the heart of the Adirondack High Peaks, this property is a haven for outdoor enthusiasts, providing easy access to hunting, fishing, and snowmobiling. The 1.4-acre lot offers significant space and potential for expansion or further development. The asking price is $279,999. This is a rare chance to own a versatile commercial property in a desirable location with strong potential for return on investment. The property's existing infrastructure and prime location make it an attractive proposition for a variety of businesses and investors. Don't miss this chance to capitalize on the thriving tourism and recreation industry in the Adirondacks.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.
