327 BroadwayMenands, NY 12204

For Sale
$539,000

Profitable Bar, Menands, NY

Overview

Added:
Dec 11, 2024
Days on market:
94
This established Menands, NY tavern, located at 327 Broadway, presents a unique owner-user investment opportunity. The 2,000 square foot, single-story building, constructed in 1955 and extensively renovated in 2019, sits on a 0.06-acre lot and boasts 1,500 square feet of net rentable space. Currently operating at 100% occupancy since January 1, 2019, this Class B commercial property offers a turnkey operation with significant recent upgrades. These include a new roof, a new walk-in cooler, and a new patio, enhancing both efficiency and customer appeal. The property includes 75 parking spaces and is zoned for commercial use. Priced at $539,000 ($269.50/sq ft), this is an exceptional chance to acquire a profitable, established business in a prime location between Albany and Troy. The property is for sale by owner. Albany County location and convenient access to major roadways make this a highly desirable investment.

Highlights

  • Established Menands, NY tavern, offering a turnkey operation.
  • 2,000 sq ft building on a 0.06-acre lot, with 1,500 sq ft of net rentable space.
  • Recently renovated (2019) with a new roof, walk-in cooler, and patio.
  • 100% occupancy since January 1, 2019.
  • 75 parking spaces and commercial zoning.
  • Priced at $539,000 ($269.50/sq ft).

Property Details for 327 Broadway

Property type
Other hospitality properties, Hospitality properties
Square Feet
2,000 SF
Class
B
Year Built/Renovated
1955/2019
Buildings
1
Stories
1
Lot Size (sq. ft)
2,614 SF
Units
1

Location Insight

City
Menands
County
Albany
State
New York
Latitude
42.6941915
Longitude
-73.7224251
327 Broadway, Menands, New York

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327 Broadway
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