Double-Storefront Commercial
For Sale
Contact for pricing
107 Bridge Street, Corning, NY 14830
A partially cleared interior combines historic finishes with a flexible layout for retail, office, or service uses.
Property Size2,300 SF
Price / SF$1.13
Days on Market50
Property Features for 107 Bridge Street
General Information
Standard status
Active
Size
2,300 SF
Building Details
Construction
brick
Listing Agency:
Howard Hanna Horseheads
(607) 739-1444
Listed By:
Kathryn Bristol · License #10401394668
(607) 287-8439
Source:
Nicholcityrealty
Added: Sep 4
Changed: Oct 15
Last Checked: Oct 20 at 8:11PM
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 Howard Hanna Horseheads
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 107 Bridge Street in Corning City, this 2,300-square-foot storefront property offers two storefront openings and an interior nearing the end of demolition. The space is being presented in a largely open condition, allowing the next occupant or owner to shape the buildout around its needs.
Existing character elements include exposed brick, tall ceilings, and an original black tin ceiling. The flexible floor plan is identified as suitable for retail, office, or service uses, giving the property a range of potential commercial applications within its 2,300-square-foot footprint.
Existing character elements include exposed brick, tall ceilings, and an original black tin ceiling. The flexible floor plan is identified as suitable for retail, office, or service uses, giving the property a range of potential commercial applications within its 2,300-square-foot footprint.
Key Highlights
- 2,300 SF storefront property at 107 Bridge Street
- Two storefront openings provide a prominent commercial facade
- Interior demolition is nearly complete
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,210
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,200
$444.2K
Cap Rate 7%
$317,286
$317.3K
Cap Rate 9%
$246,778
$246.8K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$33.1K $14.40/SF
− Vacancy
−$1.4K −$0.60/SF
EGI
$31.7K $13.80/SF
− OpEx
−$9.5K −$4.14/SF
NOI
$22.2K $9.66/SF
Area
Steuben County, NY
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,200
Cap Rate 7%
$317,286
Cap Rate 9%
$246,778
Alternative Uses
Best Use
Retail
$317.3K
$277.6K – $370.2K
NOI $22,210 @ 7.0% cap · market cap 854.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.7K
$490.6K – $654.2K
NOI $39,249 @ 7.0% cap · market cap 1,509.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Beauty & Spa 35%
Hotels & Casinos 16%
H&R Block
Shops & Services
3,773 visits/mo
0.5 miles
Zoom Tan
Beauty & Spa
2,726 visits/mo
0.5 miles
Staybridge Suites Corning
Hotels & Casinos
1,268 visits/mo
0.4 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
Frequently Asked Questions
What type of property is this?
Storefront property - A partially cleared interior combines historic finishes with a flexible layout for retail, office, or service uses.
Where is this storefront property located?
The property is located at 107 Bridge Street Corning, NY.
What are key features of this property?
This property features: 2,300 SF storefront property at 107 Bridge Street; Two storefront openings provide a prominent commercial facade; Interior demolition is nearly complete
