Mixed-Use
104 Main St, Hornell, NY 14843
For Sale
New
Contact for pricing
The property dates to 1860 and is located on Main St in Hornell.
Property Size6,504 SF
Days on Market3
Property Features for 104 Main St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Schultz Realty
Listed By:
Benjamin Schultz
(716) 553-8936
Source:
Elliman
Added: Nov 10
Last Checked: Nov 12 at 8:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schultz Realty
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Investment Insights
Based on property information with market context.
Located at 104 Main St in Hornell, New York, this mixed-use property is a building dating to 1860. Its walk score is 30, categorized as car-dependent, while its bike score is 25, categorized as somewhat bikeable.
Key Highlights
- Building dates to 1860
- Walk score of 30; categorized as car‑dependent
- Bike score of 25; categorized as somewhat bikeable
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,951
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,020
$1.2M
Cap Rate 7%
$827,871
$827.9K
Cap Rate 9%
$643,900
$643.9K
Market Conditions
NOI Build-Up for 6,504 SF
Gross rent
$105.4K $16.20/SF
− Vacancy
−$12.6K −$1.94/SF
EGI
$92.7K $14.26/SF
− OpEx
−$34.8K −$5.35/SF
NOI
$58.0K $8.91/SF
Area
Steuben County, NY
Vacancy
12.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,020
Cap Rate 7%
$827,871
Cap Rate 9%
$643,900
Alternative Uses
Best Use
Mixed Use
$827.9K
$724.4K – $965.9K
NOI $57,951 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $110,990 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
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Business Placement
Demographics for 14843, NY
12,637
Population
6,353
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
132
Density / Sq Mi
$56,004
Median Household Income
$36,286
Median Earnings
$766
Median Rent
$104,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property dates to 1860 and is located on Main St in Hornell.
Where is this mixed-use property located?
The property is located at 104 Main St Hornell, NY.
What are key features of this property?
This property features: Building dates to 1860; Walk score of 30; categorized as car‑dependent; Bike score of 25; categorized as somewhat bikeable
