MVP Arena Sports Bar For Sale In Albany, Want to Buy It?

A number of years ago a buddy of mine bought a bar. When I asked him why he chose this business investment he said "I always wanted a place where I didn't have to pay for a beer". Not sure that is sound business advice but if you want to own a bar, now's your chance.

Albany Stadium, located in MVP Arena in Albany, is for sale. Let's take look.

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LoopNet, a commercial property real estate site, shows that Albany Stadium Restaurant and Bar is listed for sale with an asking price of $350,000. This is the space at 51 South Pearl Street in downtown Albany and is part of MVP Arena.

According to the Capital Region Chamber, all 3,655 square feet of Albany Stadium opened one year ago this month with a ribbon cutting ceremony featuring Albany Mayor Kathy Sheehan in attendance.

It might be cheaper to buy this Sports & Entertainment business inside MVP Arena than it would be to buy Bruce Springsteen tickets for his show in the same building. Top asking price for Bruce is over $5000 a ticket. 70 Bruce tickets could get you Albany Stadium.

Here is some of what you will get with your lease.

• Fully operational Restaurant & Bar
• Significant traffic from major area events
• Well-equipped Commercial Kitchen
• Furniture and fixtures
• Fully stocked marble wrap-around bar
• Upstairs area with second bar for private events
• Outdoor café