24 Park DR Hornell, NY 14843
5,270 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,270 sqft
Price per Sqft $61
MLS Listing ID R1665441
Construction Status Existing
HOA Y/N No
Year Built 1988
Annual Tax Amount $10,323
Lot Size 0.820 Acres
Acres 0.82
Lot Dimensions 330X109
Property Description
$38,000 new operating income!!
Investors and entrepreneurs take notice! This income-producing commercial property in Hornell offers multiple established revenue streams and a turn-key investment opportunity with strong income potential.
The property features fully occupied commercial spaces currently leased to a church, hair salon, and media company, creating consistent rental income from diversified tenants. Additional revenue is generated by a coin-operated car wash with industrial vacuums, providing built-in passive income, along with a garage/storage unit offering additional rental or value-add income potential.
Positioned in a high-visibility location within the City of Hornell, the property benefits from steady traffic, surrounding businesses, and nearby residential neighborhoods, supporting long-term tenant demand.
The local economy is anchored by major employers such as Alstom, bringing hundreds of jobs to the area and supporting local business growth and service demand. The property is also conveniently located near the Finger Lakes region and within reach of Alfred State College and Alfred University, adding additional consumer traffic and business opportunities.
This property presents an excellent opportunity for investors looking to expand their portfolio, entrepreneurs seeking a business hub, or buyers searching for a multi-income commercial asset with immediate revenue potential. 5 Commercial spaces generate $3575/mo. PLUS additional income from car wash.
Small town location with big business opportunity.
Location
State NY
County Steuben
Area Hornell-City-460600
Zoning B2-General
Direction From I-86, travel S on Rt. 36 toward Canisteo, take a left on Park Dr. Property will be on the left
Rooms
Basement None
Interior
Heating Gas, Individual, Other, See Remarks
Cooling Other, See Remarks, 1 Unit
Flooring Concrete, Linoleum, Vinyl, Carpet
Inclusions Land, Building and Business
Fireplace No
Exterior
Community Features Storm Drain(s)
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Membrane,Metal,Rubber
Total Parking Spaces 30
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Building Description Other, Office
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
Construction Status Existing
Schools
School District Hornell
Others
Tax ID 460600-166-006-0007-046-410
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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