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Hornell Multi-Income Commercial Property
For Sale
$325,000

24 Park Drive, Hornell, NY 14843

Turn-key, cash-flowing property with multiple revenue streams in high-visibility location.

Property Size5,270 SF
Price / SF$61.67
Days on Market167

Property Features for 24 Park Drive

General Information

Standard status Active
Size 5,270 SF
Total Parking Spaces 30
Property subtype Commercial
Zoning B2-General, Commercial

Taxes and HOA fees

Annual Taxes $10,323

Building Details

Building Size 5,270 SF
Year Built 1988
Buildings 1
Stories 2
Units 7
Listing Agency: Howard Hanna
Listed By: Courtney Crandall · License #10401355052
Source: Northstarwny
Added: Mar 10 Changed: Aug 23 Last Checked: Aug 22 at 2:14PM

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

Investment Insights

Based on property information with market context.

This commercial property in Hornell, near the Finger Lakes, presents a multi-income opportunity. The property features fully leased commercial spaces and a coin-operated car wash equipped with industrial vacuums. There is also potential for additional income from garage or storage space. The property is situated in a high-visibility area and benefits from the economic support of major employers such as Alstom, as well as nearby institutions like Alfred State College and Alfred University. The property offers diversified tenants, passive income, and opportunity in a small-town setting.

Key Highlights

  • Multi‑income commercial property with multiple revenue streams.
  • Fully leased commercial spaces providing cash flow.
  • Coin‑operated car wash with industrial vacuums included.

Property Analytics

Current Use

Lynn Brennan Photography Photography Service K & A Hair Studio Hair Salon Park Drive Car ... Car Wash

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Auto Parts Store Skin Care Clinic

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

376
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Turn-key, cash-flowing property with multiple revenue streams in high-visibility location.
Where is this mixed-use property located?
The property is located at 24 Park Drive Hornell, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Multi‑income commercial property with multiple revenue streams.; Fully leased commercial spaces providing cash flow.; Coin‑operated car wash with industrial vacuums included.
More about this property
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