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Visionworks Investment Property For Sale
For Sale
$600,000

107-113 W Market St, Corning, NY 14830

Four-unit retail building leased to Visionworks until 2027.

Property Size5,880 SF
Lot Size0.14 Acres
Days on Market163

Property Features for 107-113 W Market St

General Information

Standard status Active
Size 5,880 SF
Lot size 0.14 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,235

Building Details

Building Size 5,880 SF
Year Built 1920
Stories 1
Units 4
Listing Agency: RealtyUSA.com
Listed By: Dianne B. Box · License #30AM1081022
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 21 at 12:40PM

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 RealtyUSA.com

Investment Insights

Based on property information with market context.

This is a well-maintained investment property located on the west end of Market Street in Corning, NY. The one-story, four-unit building is currently occupied by Visionworks, a national franchise, which has been a tenant for over 30 years. Visionworks has a lease on the entire building until May of 2027, with options to extend beyond that date until 2032. The current annual rent is $53,052, which is $4,421 per month, plus all expenses associated with the building, including taxes and utilities. The owner is responsible for exterior maintenance and the roof. This property is a commercial real estate investment opportunity.

Key Highlights

  • Leased to Visionworks (national franchise) until May 2027 with options to extend until 2032.
  • Current annual income of $53,052 ($4,421 per month).
  • Tenant (Visionworks) pays all expenses including taxes and utilities.

Property Analytics

Current Use

JULIE D CURRAN Physician Empire Visionworks Physician

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Building Supply Real Estate Agency Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,185
Businesses Nearby
116k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Dining 22% Shops & Services 22% Hotels & Casinos 2%
Wegmans Groceries
62,003 visits/mo 0.3 miles
McDonald's Dining
20,658 visits/mo 0.1 miles
Byrne Dairy Shops & Services
12,473 visits/mo 0.4 miles
Burger King Dining
5,414 visits/mo 0.1 miles
Mobil Shops & Services
5,068 visits/mo 0.3 miles

Demographics for 14830, NY

18,949
Population
9,324
Households
2
Avg Household Size
40
Median Age
41%
College-Educated
96%
High-School Grad
90.6 sq mi
ZIP Area
209
Density / Sq Mi
$73,831
Median Household Income
$48,331
Median Earnings
$997
Median Rent
$168,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Four-unit retail building leased to Visionworks until 2027.
Where is this retail space located?
The property is located at 107-113 W Market St Corning, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Leased to Visionworks (national franchise) until May 2027 with options to extend until 2032.; Current annual income of $53,052 ($4,421 per month).; Tenant (Visionworks) pays all expenses including taxes and utilities.
More about this property
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