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    3162 Lake Rd Horseheads, NY 14845

    For Sale
    $1,950,000

    COMMERCIAL - Horseheads, NY

    Property size:
    149,079 SF
    Lot size:
    13.37 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 3162 Lake Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    TH04
    APN
    073489-069-010-0004-007-000-0000
    Parking
    300
    Parking features
    Paved or Surfaced
    Size
    149,079 SF
    Lot size
    13.37 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1973
    Floors in Building
    1
    Number of units
    9
    Flooring type
    Concrete, Vinyl, Linoleum
    Building materials
    Block, Concrete
    Roof type
    Rubber, Rolled Hot Mop, Membrane

    Signature Properties (607) 796-9817 [email protected]

    Listing agent Lisa M. Lilley (607) 796-9817 License #10301200088

    Listing date Nov 26, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Ames Plaza Investment Opportunity

    This commercial property, formerly the Ames Plaza, presents an investment opportunity with 7 versatile storefronts. The property benefits from high visibility and strong traffic flow, potentially ensuring long-term tenant demand. An established land lease with the Dollar General store is included, providing immediate income stability. The property, situated in Horseheads, NY, has ample parking and room for growth. The lot size is 13.37 acres. The property encompasses 149079 square feet. The zoning is TH04.
    Property Profile Location Intelligence

    Current Use by Public Records

    Journey Fitness 333 ... Fitness Center Cici Nail Spa Nail Salon

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Horseheads
    County
    Chemung
    State
    New York
    Longitude
    -76.814201
    Latitude
    42.144427

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    FAQs

    What type of property is this?
    Strip mall - Versatile storefronts with rental potential and established land lease.
    Where is this strip mall located?
    The property is located at 3162 Lake Rd Horseheads, NY.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Established land lease with Dollar General provides immediate income stability.; - High-visibility location ensures strong traffic flow and tenant demand.; - Seven versatile storefronts offer excellent rental potential.
    (607) 796-9817
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3162 Lake Rd Horseheads, NY 14845
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