24 Park Drive, Hornell, NY

$325,000

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5,270

Square feet

0.82

Acres

About 24 Park Drive

Multi-Income Commercial Investment Opportunity | Turn-Key Cash Flow $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.

Features of 24 Park Drive

MLS® # R1665441
Price $325,000
Bathrooms 0.00
Square Footage 5,270
Acres 0.82
Year Built 1988
Type Commercial Sale
Status Active

Community Information

Address 24 Park Drive
Area Hornell-City
City Hornell
County Steuben
State NY
Zip Code 14843

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Features Rectangular, Rectangular Lot
Parking Spaces 30
Parking Common, On Site, Surfaced
Garages Common, On Site, Surfaced
Is Waterfront No
Has Pool No

Interior

Interior Concrete, Linoleum, Vinyl, Carpet
Heating Gas, Individual, Other, See Remarks
Cooling Other, See Remarks, 1 Unit
Fireplace No
# of Stories 2
Stories 2
Has Basement No
Basement None

Exterior

Exterior Other
Lot Description Rectangular, Rectangular Lot
Roof Asphalt, Membrane, Metal, Rubber
Construction Other

School Information

District Hornell

Additional Information

Zoning B2-General
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHoward Hanna
Contact Info607-725-0337

Listing Map

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