578 Main St, Malone, NY 12953-2054
This exceptional 3,962 sq ft commercial property at 578 E Main St, Unit 578, Malone, NY, is a fully operational and profitable business, ready for immediate occupancy. The main floor boasts a spacious layout, perfect for a thriving establishment. Over 1200 sq ft is dedicated to the bar area, complemented by more than 700 sq ft of indoor dining space, accommodating up to 185 patrons. Enjoy outdoor seating for approximately 55 guests on the recently renovated front and side decks, ideal for the warmer months. The property includes a fully equipped kitchen with a cooler, two convertible fridge/freezers, two chest freezers, a kegerator, an ice machine, and two front drink coolers. Two restrooms, one men's and one women's, are conveniently located. A back office provides additional workspace. The heating and cooling system is comprised of a pellet stove, three mini-splits (two with heating and A/C, one with A/C only), and baseboard heaters. Extensive renovations completed in 2022-2023 encompass flooring, walls, electrical, lighting, HVAC, kitchen, bathrooms, and both decks. All appliances, furniture, decor, and signage are included in the sale. An upstairs apartment, requiring complete renovation, presents significant potential for additional living space, possibly creating 2-3 bedrooms and 1.5-2 bathrooms. This 0.23-acre property is situated in a vibrant downtown location with excellent foot traffic, making it an ideal community gathering spot. The property is priced at $249,900.
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Shooter's Lounge Bar & Pub Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Malone, NYMalone. Always verify with local authorities before improvements.
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.