2582 State Highway 7, Bainbridge, NY 13733

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$499,000
Status
ACTIVE
MLS#
S1707293
Price Change
▼ $100,000 1789767117
Year Built
1957
Stories
2
Acres
0.90
Living Area
3,596
Region
Bainbridge

Property Description

Bainbridge Pub presents a rare opportunity to own a fully equipped, turnkey restaurant, established business, and income-producing property in a highly visible location on State Route 7. Situated on .9 acre with ample parking, this well-maintained property has been remodeled and is ready for its next owner. The restaurant features a mostly updated commercial kitchen, 12 draft beer taps with new lines, inviting bar and dining areas, private dining space, and banquet accommodations for up to 60 guests. Central air and a Vermont Castings propane stove provide year-round comfort. A major added benefit is the 1,568 sq. ft. second-floor apartment (not included in gross floor area), currently occupied by a long-term tenant and providing immediate rental income. Continue as a rental, consider owner/manager quarters, or explore other permitted uses. Outside, a patio overlooks a spacious backyard with potential for outdoor dining, live music, cornhole, volleyball, community events or other revenue-generating activities. The flexible layout also offers possibilities for an ice cream window, pizza operation, catering, brewery/winery concept, or expanded entertainment. Bainbridge Pub has an established regional following and is well known for its Friday and Saturday Prime Rib dinners. The business's Facebook page with more than 4,500 followers is included. Sale includes real estate, established business, furniture, fixtures and equipment (FF&E), inventory, and social media assets. Retiring owners are willing to assist with training and transition. With an established customer base, commercial equipment, apartment income, Route 7 exposure, and significant growth potential, recreating an operation of this scale from the ground up would be difficult to accomplish for anywhere near the offering price. Convenient to I-88 in the scenic Susquehanna River Valley, Bainbridge Pub is an outstanding opportunity for a restaurateur, entrepreneur, or investor. Town of Bainbridge has no conventional zoning district. Existing use is commercial restaurant with residential apartment. Also reference MLSS1707425

Additional Information

Taxes
$9,899
Exterior Features
Propane Tank - Leased
School District
Bainbridge-Guilford
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Howard Hanna Real Estate. Contact: