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    OFF-MARKET
    Bars & Pubs

    8460 Old Riv Rd, Marcy, NY 13403-3110

    1,735 SF 1.2 ac lot Built 1950
    Individually Owned Free & Clear
    Property ID
    US63-3780931
    Property summary
    AI-generated overview

    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
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1950
    Total area 1,735 SF
    Lot 1.2 ac (52,272 SF)
    APN 304400 261.000-3-39
    UPID US63-3780931
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Merrill's Restaurant Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    RONALD V ZEBROWSKI
    RONALD V ZEBROWSKI
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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