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Executive Summary

Located on the corner of 4th and center st just blocks from the water and the popular Artpark, this jaw breaker is truly a one of a kind property that can’t be duplicated today for near this asking price! From inside out, the owners have transformed this giving it a modern high end look with no expense spared. Everything from top to bottom was done turning it into a masterpiece! Whether you want to continue the Gallo tradition or you have a different concept for a restaurant, banquet or event center this will meet all your needs! Comfortably this holds 400-500 people! Inside you will find a gorgeous custom made indoor/outdoor bar, an open floor plan, a private dining room and huge kitchen that is fully equipment with newer state of the art equipment. Huge pizza oven. Large walk in cooler. Separate entrance and restaurant/cafe space could be used as another restaurant or can be leased out for more opportunity! Upstairs you will find an open banquet room with a Kitchenette, some offices and storage. Sliders leading to a 1500sqft teak deck for more seating and a great view of center street. Outside is the perfect space for entertaining and enjoyment! Most of it is fenced in, there is plenty of seating areas, heated and non, covered and non, and lots of open room
To enjoy the live entertainment. This location would be perfect for concerts, parties, weddings etc! Some of the improvements include, sprinklers, electric, alarm, camera, roofs, HVAC, tankless water tanks, elevator lift. They even used recycled paint! There are too many upgrades to list, come see for yourself this truly one of a kind property with so much potential in such a great location! Open to many possibilities!

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $37,258 $4.31
Operating Expenses - -
Total Expenses $37,258 $4.31

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $37,258
Annual Per SF $4.31
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $37,258
Annual Per SF $4.31

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,640 SF
Building Class
B
Year Built
1955
Price
$4,031,783 CAD
Price Per SF
$466.64 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.34 AC
Zoning
Multi-use
Parking
10 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
148’ on Center St

Amenities

  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Why Gallo? This is the site of the once famous Hustler's Tavern where legend says that the cocktail was invented. Catherine Hustler, the owner o the tavern, would use a rooster feather to stir her drinks coining the phrase "Cocktail." Through their name Gallo, they pay tribute. Gallo in Italian means "rooster".

  • Accommodation and Food Services
  • -
  • -
  • -

Why Gallo? This is the site of the once famous Hustler's Tavern where legend says that the cocktail was invented. Catherine Hustler, the owner o the tavern, would use a rooster feather to stir her drinks coining the phrase "Cocktail." Through their name Gallo, they pay tribute. Gallo in Italian means "rooster".

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Accommodation and Food Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,265 SF
  • Retail
  • -
  • Jun 2026

Located on the corner of 4th and center st just blocks from the water and the popular Artpark, this jaw breaker is truly a one of a kind property that can’t be duplicated today for near this asking price! From inside out, the owners have transformed this giving it a modern high end look with no expense spared. Everything from top to bottom was done turning it into a masterpiece! Whether you want to continue the Gallo tradition or you have a different concept for a restaurant, banquet or event center this will meet all your needs! Comfortably this holds 400-500 people! Inside you will find a gorgeous custom made indoor/outdoor bar, an open floor plan, a private dining room and huge kitchen that is fully equipment with newer state of the art equipment. Huge pizza oven. Large walk in cooler. Separate entrance and restaurant/cafe space could be used as another restaurant or can be leased out for more opportunity! Upstairs you will find an open banquet room with a Kitchenette, some offices and storage. Sliders leading to a 1500sqft teak deck for more seating and a great view of center street. Outside is the perfect space for entertaining and enjoyment! Most of it is fenced in, there is plenty of seating areas, heated and non, covered and non, and lots of open room To enjoy the live entertainment. This location would be perfect for concerts, parties, weddings etc! Some of the improvements include, sprinklers, electric, alarm, camera, roofs, HVAC, tankless water tanks, elevator lift. They even used recycled paint! There are too many upgrades to list, come see for yourself this truly one of a kind property with so much potential in such a great location! Open to many possibilities!

Space Size Space Use Position Available
1st Floor 8,265 SF Retail - Jun 2026

1st Floor

Size
8,265 SF
Space Use
Retail
Position
-
Available
Jun 2026

1st Floor

Size 8,265 SF
Space Use Retail
Position -
Available Jun 2026

Located on the corner of 4th and center st just blocks from the water and the popular Artpark, this jaw breaker is truly a one of a kind property that can’t be duplicated today for near this asking price! From inside out, the owners have transformed this giving it a modern high end look with no expense spared. Everything from top to bottom was done turning it into a masterpiece! Whether you want to continue the Gallo tradition or you have a different concept for a restaurant, banquet or event center this will meet all your needs! Comfortably this holds 400-500 people! Inside you will find a gorgeous custom made indoor/outdoor bar, an open floor plan, a private dining room and huge kitchen that is fully equipment with newer state of the art equipment. Huge pizza oven. Large walk in cooler. Separate entrance and restaurant/cafe space could be used as another restaurant or can be leased out for more opportunity! Upstairs you will find an open banquet room with a Kitchenette, some offices and storage. Sliders leading to a 1500sqft teak deck for more seating and a great view of center street. Outside is the perfect space for entertaining and enjoyment! Most of it is fenced in, there is plenty of seating areas, heated and non, covered and non, and lots of open room To enjoy the live entertainment. This location would be perfect for concerts, parties, weddings etc! Some of the improvements include, sprinklers, electric, alarm, camera, roofs, HVAC, tankless water tanks, elevator lift. They even used recycled paint! There are too many upgrades to list, come see for yourself this truly one of a kind property with so much potential in such a great location! Open to many possibilities!

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

KeyBank
Northwest Bank
Starbucks
Tim Hortons
Tops Friendly Markets

Property Taxes

Property Taxes

Parcel Number
292401-101-010-0002-042-000
Land Assessment
$248,163 CAD
Improvements Assessment
$516,485 CAD
Total Assessment
$764,648 CAD
Annual Taxes
$37,258 CAD ($4.31 CAD/SF)
Tax Year
2025
  • Listing ID: 40805852

  • Date on Market: 2026-06-05

  • Last Updated:

  • Address: 402 Center St, Lewiston, NY 14092

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