54 Pulteney St, Hammondsport, NY 14840
Established Hammondsport bar and retail space on Route 54A near the Village Square and bridge, available for sale or business purchase.
- Added:
- May 27, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 13 at 3:45 am
Property Features for 54 Pulteney St
General Information
- Standard status
- Active
- Size
- 1,965 SF
Listing agent Cynthia Tallo (585) 330-5064
Listing office Howard Hanna Lake Group (585) 330-5064
Listing date May 27, 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 Howard Hanna Lake Group
HighLights
- Established Hidden Cork Wine & Beer Bar in Hammondsport with an on‑site daily running business
- Bar and retail space located just off the Village Square and over the bridge
- High‑traffic location on Route 54A in downtown Hammondsport
- New room available for special events
- May be purchased as a business investment or buy the property to create your own vision for the space
- Can be sold together or separately with 62 Pulteney St., home of The Portside Bistro
Overview
Located just off the Village Square and over the bridge in “downtown” Hammondsport, the property is situated in a high-traffic setting along Route 54A. It is also described as being just minutes from Keuka Lake, with the Village Square area serving as an active draw for both locals and visitors.
The sale can be structured as a purchase with the business as an investment opportunity, or as a property purchase for an owner who wants to create a new concept for the space. The listing notes flexibility for buyers considering either operating the existing bar or repositioning the retail environment. The property is also offered together or separately with 62 Pulteney St., home of The Portside Bistro, allowing buyers to evaluate a single-asset purchase or a broader downtown dining and beverage portfolio.
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 | $35.4k | $18.00 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $33.9k | $17.24 |
| − OpEx | −$8.5k | −$4.31 |
| NOI | $25.4k | $12.93 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Burgers & Beer of Hammondsport — 41 Shethar St, Hammondsport, NY 14840
- Maloney's Pub — 57 Pulteney St, Hammondsport, NY 14840
- Park Inn — 37 Shethar St, Hammondsport, NY 14840
- Over The Bridge Wine — 54 Pulteney St, Hammondsport, NY 14840
Location Insight
- Map
- Local Demand
- City
- Hammondsport
- County
- Steuben
- State
- New York
- Longitude
- -77.22244
- Latitude
- 42.410178