Equipped Former Coffee Roasters For
For Sale
$795,000
323 Hamilton Street South, Painted Post, NY
Turnkey coffee roasting and retail operation with drive-up window.
Property Size1,756 SF
Price / SF$452.73
Days on Market310
Property Features for 323 Hamilton Street South
General Information
Standard status
Active
Size
1,756 SF
Property subtype
Retail
Listing Agency:
Corning/Elmira Office
(607) 937-9720
Listed By:
Michael J. Manzari, SIOR, CCIM
(607) 937-9720
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Jul 6
Last Checked: Jul 30 at 2:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corning/Elmira Office
Investment Insights
Based on property information with market context.
This property, formerly Heavenly Cup Coffee Roasters, offers a total of 1,756 square feet and presents an opportunity for an entrepreneur to re-establish a similar operation. The first floor spans 1,248 square feet and includes a fully equipped kitchen, a preparation area, a counter area for order placement and pickup, a seating area, and an ADA-compliant restroom. The second floor provides an additional 162 square feet of seating space, with the remaining area dedicated to coffee roasting and packaging. This section is equipped with all necessary equipment, including a hoist for lifting coffee bags from the ground level to the second floor. The full basement features office space and storage for equipment and supplies. A drive-up window is also available for convenient ordering and pickup service.
Key Highlights
- Fully equipped commercial kitchen and coffee roasting/packaging operation with all equipment included.
- Drive‑up window for convenient ordering and pickup.
- Turnkey opportunity to restart a former coffee roasting business (Heavenly Cup Coffee Roasters).
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $18.00 |
| − Vacancy | −$1.3k | −$0.76 |
| EGI | $30.3k | $17.24 |
| − OpEx | −$7.6k | −$4.31 |
| NOI | $22.7k | $12.93 |
1,756 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$324.4K
$283.9K – $378.5K
NOI $22,710 @ 7.0% cap · market cap 2.86%
Second Best
Retail
$242.2K
$212.0K – $282.6K
NOI $16,957 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$428.1K
$374.6K – $499.4K
NOI $29,966 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 33%
Hotels & Casinos 4%
Dandy Mini Mart
Shops & Services
15,767 visits/mo
0.2 miles
Arby's
Dining
11,098 visits/mo
0.3 miles
Sunoco
Shops & Services
3,379 visits/mo
0.1 miles
Valvoline Instant Oil Change
Shops & Services
1,828 visits/mo
0.1 miles
Hampton by Hilton Corning-Painted Post, New York
Hotels & Casinos
1,240 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fastrac — 361 W Pulteney St, Corning, NY 14830
- Starbucks — 372 W Pulteney St, Corning, NY 14830
Frequently Asked Questions
What type of property is this?
Coffee shop - Turnkey coffee roasting and retail operation with drive-up window.
Where is this coffee shop located?
The property is located at 323 Hamilton Street South Painted Post, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully equipped commercial kitchen and coffee roasting/packaging operation with all equipment included.; Drive‑up window for convenient ordering and pickup.; Turnkey opportunity to restart a former coffee roasting business (Heavenly Cup Coffee Roasters).
