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Historic Bistro and Tavern Building

171 Main St Hudson Falls, NY 12839

Claim this Listing
For Sale
$520,000

Two-story brick and limestone building operating as a bistro and tavern with an equipped commercial kitchen.

Property size:
2,800 SF
Price / SF:
$185/SF
Added:
Jul 2, 2026
Days on Market:
11
Last Refresh:
Jul 11 at 3:50 am

Property Features for 171 Main St

General Information

Standard status
Active
Size
2,800 SF

Listing office Four Seasons Sotheby's International Realty

Listing date Jul 2, 2026

Source Exprealty

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 Four Seasons Sotheby's International Realty


Investment Insights

Based on property information with market context.

Circa-1910 brick and limestone landmark built as a bank and currently operating as a bistro and tavern. The main level features a newly constructed bar, dining areas, and access to an outdoor deck. Interior highlights include soaring original tin and plaster ceilings and hardwood floors in the main dining room. The property includes a fully equipped commercial kitchen and comes with furnishings for immediate operation.

The second floor provides five versatile rooms and a bathroom, offering room for office use, additional hospitality, or other compatible applications. A full basement supplies storage and utility space and contains the original bank vault.

Recent improvements include a new furnace and hot water tank. Agent-owned and offered for sale as a turnkey, income-producing hospitality property.

Key Highlights

  • Circa‑1910 brick and limestone, 2‑story commercial building originally constructed as a bank, now operating as a bistro and tavern
  • Main level configured as a tavern and bistro with a newly constructed bar, dining areas, and access to an outdoor deck with seasonal river views
  • Fully equipped commercial kitchen supports continued food service operations

Local 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 $60.5k $21.60
− Vacancy −$1.9k −$0.69
EGI $58.5k $20.91
− OpEx −$14.6k −$5.23
NOI $43.9k $15.68
2,800 SF · lease $21.60/SF/yr · vacancy 3.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$627.3K
$548.9K – $731.8K (±1% cap)
NOI $43,908 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$694.7K
$607.8K – $810.4K (±1% cap)
NOI $48,626 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Falcons Brewhouse Restaurant

Suggested Use

Real Estate Agency Dental Office Law Firm Hair Salon Nail Salon Spa & Massage Center Auto Parts Store Electrical Service Bakery Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Two-story brick and limestone building operating as a bistro and tavern with an equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 171 Main St Hudson Falls, NY.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Circa‑1910 brick and limestone, 2‑story commercial building originally constructed as a bank, now operating as a bistro and tavern; Main level configured as a tavern and bistro with a newly constructed bar, dining areas, and access to an outdoor deck with seasonal river views; Fully equipped commercial kitchen supports continued food service operations
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