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171 Main St 2,800 SF 100% Leased Retail Building Hudson Falls, NY 12839 $520,000 ($185.71/SF)
Investment Highlights
- Historic, completely renovated, circa-1910 brick and limestone structure formerly utilized as a bank.
- Fully equipped commercial kitchen and stylishly furnished interior for immediate use.
- New, outdoor, private deck with scenic river views enhances dining and event appeal.
- Currently operating as an income-generating bistro and tavern with a strong local presence.
- Main dining area features original tin and plaster ceilings and preserved hardwood floors.
- Upper-level rooms and basement vault provide flexibility for multiple future-use options.
Executive Summary
This remarkable two-story brick and limestone building, originally constructed as a bank in 1910, offers a rare investment opportunity in the heart of Hudson Falls. Currently operating as a fully functioning bistro and tavern with an active, full liquor license. The property combines historic charm with modern hospitality features. The structure boasts stately masonry, original architectural details, and recent updates that ensure operational efficiency.
The main level features a newly built bar, warm dining spaces, and access to an outdoor deck that provides scenic, seasonal river views—perfect for events and gatherings. A fully equipped commercial kitchen and included furnishings make this a true turnkey operation. Recent capital improvements, including a new furnace and hot water system, add functional reliability and value.
The second floor, offering five versatile rooms and a full bathroom, opens possibilities for private offices, owner’s quarters, or short-term rental options, enhancing revenue potential. A full basement with an original bank vault adds secure storage and utility space. With its thoughtful updates and established business operations, this property is well suited for restaurateurs, hospitality entrepreneurs, or investors looking for a distinctive mixed-use asset with cash-flow upside.
The main level features a newly built bar, warm dining spaces, and access to an outdoor deck that provides scenic, seasonal river views—perfect for events and gatherings. A fully equipped commercial kitchen and included furnishings make this a true turnkey operation. Recent capital improvements, including a new furnace and hot water system, add functional reliability and value.
The second floor, offering five versatile rooms and a full bathroom, opens possibilities for private offices, owner’s quarters, or short-term rental options, enhancing revenue potential. A full basement with an original bank vault adds secure storage and utility space. With its thoughtful updates and established business operations, this property is well suited for restaurateurs, hospitality entrepreneurs, or investors looking for a distinctive mixed-use asset with cash-flow upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built/Renovated
1910/2023
Price
$520,000
Price Per SF
$185.71
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.05 AC
Zoning
C - Mixed Use
Frontage
28’ on 171 Main Street
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 534401-154-014-0007-070-000-0000 | Improvements Assessment | $143,500 |
| Land Assessment | $6,500 | Total Assessment | $150,000 |
Property Taxes
Parcel Number
534401-154-014-0007-070-000-0000
Land Assessment
$6,500
Improvements Assessment
$143,500
Total Assessment
$150,000
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171 Main St