Property summary
This exceptional multi-income property presents a unique investment opportunity in Marcy, New York. Located on the highly visible corner of Old River Road and Ritchie Road, the property boasts a substantial 1,735 square foot building formerly operating as Merrill's Bar & Restaurant. The ample parking ensures convenient access for patrons. Beyond the established bar and restaurant, this offering includes a fully furnished three-bedroom, two-bathroom mobile home situated on the property. This mobile home provides additional income potential through rental or serves as comfortable owner's quarters. The property's versatility extends further with the inclusion of an expansive adjacent lot measuring 100 feet by 205.24 feet, adding significant development potential or expansion possibilities. The entire property sits on 1.2 acres of land. This turnkey operation is priced competitively for a swift sale, making it an ideal acquisition for savvy investors seeking a high-return venture. The combination of established business, residential unit, and extra land presents a rare opportunity to capitalize on a thriving location and diverse income streams. Don't miss this chance to own a piece of Marcy's commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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