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33 W Central Ave 5,528 SF 100% Leased Retail Building Pearl River, NY 10965 $1,623,730 CAD ($293.73 CAD/SF)



Executive Summary
An exceptional chance awaits with this impeccably situated mixed-use building in the vibrant heart of downtown Pearl River. This well-established bar/restaurant has an open serving area, a room with a stage, multiple restrooms, a turnkey kitchen, a bar, and a large outdoor patio. There are six boarding house units that each have their own bathroom. The sale includes both the business and the property. Please reach out for additional information.
Profit & loss Jan - Dec 22
Ordinary Income/Expense
Income
500 Sales Income
500-01 Food Sales 289,300.00
500-02 Liquor Sales 276,382.33
500-03 Beer Sales 284,175.97
500-04 Wine Sales 84,631.03
500-05 Beverage Sales 37,127.22
Total 500 Sales Income 971,616.55
Expenses
Cost of Goods Sold
700 Cost of Good Sold
700-01 Food Purchases 114,742.45
700-02 Merchant Account Fees 1,050.61
700-03 Restaurant Supplies 52,686.54
700-05 Beer Purchase 150,487.61
700-06 Beverage Purchase 35,436.77
700-7 Wine Purchase 8,828
Total 700 Cost of Good Sold 363,232.98
Gross Profit $608,383.57
Profit & loss Jan - Dec 22
Ordinary Income/Expense
Income
500 Sales Income
500-01 Food Sales 289,300.00
500-02 Liquor Sales 276,382.33
500-03 Beer Sales 284,175.97
500-04 Wine Sales 84,631.03
500-05 Beverage Sales 37,127.22
Total 500 Sales Income 971,616.55
Expenses
Cost of Goods Sold
700 Cost of Good Sold
700-01 Food Purchases 114,742.45
700-02 Merchant Account Fees 1,050.61
700-03 Restaurant Supplies 52,686.54
700-05 Beer Purchase 150,487.61
700-06 Beverage Purchase 35,436.77
700-7 Wine Purchase 8,828
Total 700 Cost of Good Sold 363,232.98
Gross Profit $608,383.57
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,528 SF
Building Class
B
Year Built/Renovated
1929/2014
Price
$1,623,730 CAD
Price Per SF
$293.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.13 AC
Zoning
restaurant / retail - CC
Frontage
Amenities
- Restaurant
- Security System
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 392489-068-016-0001-011-000-0000 | Improvements Assessment | $280,722 CAD |
| Land Assessment | $88,320 CAD | Total Assessment | $369,042 CAD |
Property Taxes
Parcel Number
392489-068-016-0001-011-000-0000
Land Assessment
$88,320 CAD
Improvements Assessment
$280,722 CAD
Total Assessment
$369,042 CAD
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33 W Central Ave
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