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6-Bay Auto Shop with Lifts
For Sale
Under Contract
$450,000

2410 Corning Road, Horseheads, NY 14845

CommercialSale, Horseheads, NY

Property Size4,542 SF
Lot Size0.75 Acres
Price / SF$99.08
Days on Market105

Property Features for 2410 Corning Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Zoning description Commercial
Parking 25
Lot features Irregular Lot
Elementary school district Horseheads
Middle school district Horseheads
High school district Horseheads
Subdivision Horseheads-073489
Standard status Active Under Contract
APN 073489-069-009-0003-001-001-0000
Size 4,542 SF
Lot size 0.75 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair

Taxes and HOA fees

Tax Annual Amount 5335

Utilities

Heating system Oil, Natural Gas, Forced Air

Amenities

customer waiting room office
employee bathroom
large storage area
lifts

Building Details

Year built 1970
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Block, Masonry, MetalSiding, Concrete
Buildings 1
Listing Agency: Howard Hanna Horseheads
Listed By: Steven Martin McNamara · License #10401226515
Added: Jul 24 Changed: Oct 30 Last Checked: Nov 5 at 9:06AM
MLS# R1701595

Copyright © 2026 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.

Rey
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.

This 4,542-square-foot auto shop occupies a 0.75-acre lot and includes six service bays equipped with lifts. The interior provides a customer waiting area, office, employee bathroom, and a large storage section. Concrete flooring and block, masonry, metal siding, and concrete construction materials are present throughout the property. Heating systems include natural gas, oil, and forced air, and the building was constructed in 1970.

Located on NY14 in Horseheads, the property includes on-site parking and commercial zoning. The building was previously used as a muffler shop by a national chain and has a configuration centered on automotive service operations.

Key Highlights

  • Six service bays equipped with lifts
  • 4,542 square feet of building area
  • 0.75‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,101
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,020 $702.0K
Cap Rate 7%
$501,443 $501.4K
Cap Rate 9%
$390,011 $390.0K
Market Conditions
NOI Build-Up for 4,542 SF
Gross rent
$54.5K $12.00/SF
− Vacancy
−$4.4K −$0.96/SF
EGI
$50.1K $11.04/SF
− OpEx
−$15.0K −$3.31/SF
NOI
$35.1K $7.73/SF
Area
Chemung County, NY
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,020
Cap Rate 7%
$501,443
Cap Rate 9%
$390,011

Alternative Uses

Best Use
Retail
$501.4K
$438.8K – $585.0K (±1% cap)
NOI $35,101 @ 7.0% cap · market cap 7.80%
Second Best
Industrial
$327.7K
$286.7K – $382.3K (±1% cap)
NOI $22,939 @ 7.0% cap · market cap 5.10%
Theoretical Best
Multifamily LT 5
$41.35M
$36.18M – $48.24M (±1% cap)
NOI $2,894,221 @ 7.0% cap · market cap 643.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Electrical Service Storage Facility Gym & Fitness Center

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

Lease Details

6
Service bays
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 26% Home Improvements & Furnishings 4%
Arby's Dining
10,153 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,202 visits/mo 0.4 miles
U-Haul Moving & Storage Of Elmira Shops & Services
2,238 visits/mo 0.4 miles
Ferrario Ford Shops & Services
2,037 visits/mo 0.3 miles
M&T Bank Shops & Services
1,428 visits/mo 0.3 miles

Demographics for 14845, NY

20,628
Population
9,370
Households
2.2
Avg Household Size
46
Median Age
35%
College-Educated
96%
High-School Grad
78.2 sq mi
ZIP Area
264
Density / Sq Mi
$76,617
Median Household Income
$45,909
Median Earnings
$1,175
Median Rent
$183,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Jdl auto — 1854 Grand Central Ave, Horseheads, NY 14845
  • Ideal Auto Repair — 1855 Grand Central Ave, Elmira, NY 14903
  • Gooden’s Auto Sales LLC — 1899 Grand Central Ave, Horseheads, NY 14845
  • Steve's American Lifetime Muffler Inc. — 2372 Corning Rd, Elmira, NY 14903
  • Steves American Lifetime — 2372 corning rd, elmira, ny 14903

Frequently Asked Questions

What type of property is this?
Auto shop - Commercial building with service bays, lifts, customer waiting area, office, employee bathroom, and substantial storage.
Where is this auto shop located?
The property is located at 2410 Corning Road Horseheads, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Six service bays equipped with lifts; 4,542 square feet of building area; 0.75‑acre lot
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