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The Hultman Restaurant 232 W Main St 4,140 SF 100% Leased Retail Building Falconer, NY 14733 $69,900 ($16.88/SF)



Investment Highlights
- Mixed-use configuration featuring a ground-floor commercial space and two upper-level residential units.
- Full bar and kitchen infrastructure available, with equipment negotiable as part of the transaction.
- Corner lot location with off-street parking and access to nearby municipal lots.
- Approximately 1,470 square feet of main-level commercial area with open-concept layout.
- Classic brick exterior with large street-facing windows providing natural light and visibility.
- Centrally situated in Falconer with easy connectivity to surrounding communities.
Executive Summary
Discover a rare opportunity to own a well-known landmark in the heart of Falconer, New York. Situated on a prominent corner lot, this all-brick, mixed-use building offers both commercial and residential income potential. The main level previously housed the beloved Hultman's Four Coins Restaurant & Lounge, a long-standing local favorite, and is ready for its next chapter. Property Features: Main Floor - Commercial Space: Approximately 1470 square feet of open-concept space Full bar and kitchen infrastructure in place (equipment negotiable) Classic brick exterior with large street-facing windows Separate entrances for restaurant and apartments Ideal for a bar, caf , retail shop, or a fresh new concept Upper Floor - Residential Units: Two spacious apartments with private access Perfect for owner-occupancy or rental income Updated mechanicals and utilities separated Lot & Location: Corner lot with excellent visibility and foot traffic Off-street parking and nearby municipal lots Centrally located in Falconer with easy access to surrounding communities Whether you're an investor looking to expand your portfolio, an entrepreneur ready to launch a new business, or someone dreaming of living upstairs while operating a business below - this is the opportunity you've been waiting for.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,140 SF
Building Class
C
Year Built
1940
Price
$69,900
Price Per SF
$16.88
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
05 - Properties current use is Restaurant Building. Building type Aparement
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 063803-371-010-0002-006-000 | Improvements Assessment | $113,600 |
| Land Assessment | $6,400 | Total Assessment | $120,000 |
Property Taxes
Parcel Number
063803-371-010-0002-006-000
Land Assessment
$6,400
Improvements Assessment
$113,600
Total Assessment
$120,000
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The Hultman Restaurant | 232 W Main St
