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Coffee Shop Restaurant with Drive-Through
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323 S Hamilton St, Painted Post, NY 14870

Former coffee roasting and packaging space with fully equipped kitchen, ADA restroom, and a drive-up window for pickup.

Property Size1,756 SF
Price / SF$452.73
Days on Market317

Property Features for 323 S Hamilton St

General Information

Standard status Active
Size 1,756 SF
Property subtype RETAIL

Building Details

Stories 2
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira
Listed By: Michael Manzari, SIOR, CCIM
Source: Moodyscre
Added: Sep 18, 2025 Changed: Jul 25 Last Checked: Jul 25 at 5:10PM

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 Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira

Investment Insights

Based on property information with market context.

This property is a former Heavenly Cup Coffee Roasters location offering approximately 1,248 square feet on the first floor with a fully equipped kitchen, prep area, and counter area for ordering and pickup. The layout also includes a seating area and an ADA restroom.

The second floor provides 162 square feet of additional seating, with the balance used for coffee roasting and packaging, including all equipment in place and a hoist to lift coffee bags from ground level to the second level. A full basement includes office space and storage for equipment and supplies, supporting the existing operational setup.

A drive-up window is also included for ordering and pickup, adding convenient service for customers. The property is offered for sale and is address-specific to 323 S Hamilton St, Painted Post, NY 14870.

Key Highlights

  • Former Heavenly Cup Coffee Roasters with 1,248 SF on the first floor
  • First floor includes a fully equipped kitchen, prep area, ordering/pickup counter, seating area, and ADA restroom
  • Second floor offers 162 SF seating area plus roasting and packaging operation with equipment in place

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 (±1% cap)
NOI $22,710 @ 7.0% cap · market cap 2.86%
Second Best
Industrial
$155.1K
$135.8K – $181.0K (±1% cap)
NOI $10,860 @ 7.0% cap · market cap 1.37%
Theoretical Best
Office A
$428.1K
$374.6K – $499.4K (±1% cap)
NOI $29,966 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use

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

Demographics for 14870, NY

9,648
Population
4,691
Households
2.1
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
64.5 sq mi
ZIP Area
150
Density / Sq Mi
$88,514
Median Household Income
$58,864
Median Earnings
$1,128
Median Rent
$164,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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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 - Former coffee roasting and packaging space with fully equipped kitchen, ADA restroom, and a drive-up window for pickup.
Where is this coffee shop located?
The property is located at 323 S Hamilton St 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: Former Heavenly Cup Coffee Roasters with 1,248 SF on the first floor; First floor includes a fully equipped kitchen, prep area, ordering/pickup counter, seating area, and ADA restroom; Second floor offers 162 SF seating area plus roasting and packaging operation with equipment in place
(607) 738-8458 Call to check price and availability
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