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    Restaurant Wine & Beer Bar Title is generated by Realmo AI

    54 Pulteney St, Hammondsport, NY 14840

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    For Sale
    $499,000

    Established Hammondsport bar and retail space on Route 54A near the Village Square and bridge, available for sale or business purchase.

    Property size:
    1,965 SF
    Price / SF:
    $253/SF
    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

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    Listing Contact
    Cynthia Tallo

    Listing agent Cynthia Tallo

    Listing office Howard Hanna Lake Group

    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

    This property is currently home to The Hidden Cork Wine & Beer Bar of Hammondsport, operating as a daily, locally established gathering spot. The offering includes an established retail space with a new room available for special events, supporting both everyday service and group use depending on the operator’s needs. Showings are available by appointment only, as the business is actively running.

    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
    1,965 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $363.0K
    $317.7K – $423.6K (±1% cap)
    NOI $25,413 @ 7.0% cap · market cap 5.09%
    Second Best
    Retail
    $271.1K
    $237.2K – $316.3K (±1% cap)
    NOI $18,975 @ 7.0% cap · market cap 3.80%
    Theoretical Best
    Office A
    $479.0K
    $419.2K – $558.9K (±1% cap)
    NOI $33,533 @ 7.0% cap · market cap 6.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Jambe Shipping Emporium Courier Service Over The Bridge Wine Bar & Pub

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

    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

    FAQs

    What type of property is this?
    Bar & Pub - Established Hammondsport bar and retail space on Route 54A near the Village Square and bridge, available for sale or business purchase.
    Where is this bar & pub located?
    The property is located at 54 Pulteney St Hammondsport, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 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
    More about this property
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