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Property summary
Prime commercial real estate opportunity in Belfast, NY, presents a unique chance to acquire a well-established bar and grill with an attached liquor store. This 5,298 square foot property, situated on Main Street, benefits from high visibility due to its location off State Route 19. The business boasts a successful history, currently operating as the only established bar and grill in the immediate area, and includes a spacious bar area, separate dining areas perfect for private events, and a popular weekly wing night and Friday fish fry. Upstairs, several rentable bedrooms, a meeting room, and an office generate additional income streams. The sale includes most kitchen and bar equipment, furniture, and beds. Outdoor amenities include horseshoe pits and ample parking. The property also features a mobile home, currently occupied by the seller, who will retain lifetime use. The building and business are sold as-is. This is a turnkey operation with significant potential for growth, ideal for an experienced hospitality entrepreneur. The asking price is $89,900, representing a price per square foot of $16.97. The property is zoned for commercial use and includes a mobile home for the seller's lifetime use. This is a motivated seller situation.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Belfast, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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