10-Bay Heated Auto
For Sale
$595,000
25 East Pulteney Street, Corning, NY 14830
Service-oriented commercial building with offices, wash bays, and storefront potential.
Property Size5,930 SF
Days on Market120
Property Features for 25 East Pulteney Street
General Information
Standard status
Active
Size
5,930 SF
Property subtype
Business
Automotive
Service Bays
10
Car Wash Bays
2
Taxes and HOA fees
Annual Taxes
$10,089
Amenities
heated bays
automatic overhead doors
offices
basement storage
Building Details
Building Size
5,930 SF
Year Built
1985
Listing Agency:
Howard Hanna Corning
Listed By:
Joseph Long · License #10401344891
(607) 481-9535
Source:
Griffith-realty
Added: Jun 23
Changed: Oct 14
Last Checked: Oct 19 at 3:34PM
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 Corning
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Investment Insights
Based on property information with market context.
Located at 25 E Pulteney Street in Corning City’s Gaffer District, this 5,930 SF commercial property is configured for automotive service use. The building includes ten heated bays, 10-foot automatic overhead doors, and two bays equipped for washing, supporting year-round operations.
Six offices add administrative and customer-facing space, with potential for storefront or retail use. Substantial basement storage expands the functional footprint. The property also offers a layout that may support adaptive reuse concepts such as a wine tasting venue or brewery, subject to required approvals.
Six offices add administrative and customer-facing space, with potential for storefront or retail use. Substantial basement storage expands the functional footprint. The property also offers a layout that may support adaptive reuse concepts such as a wine tasting venue or brewery, subject to required approvals.
Key Highlights
- Ten heated automotive service bays
- 10‑foot automatic overhead doors
- Two wash‑equipped bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,676
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,520
$733.5K
Cap Rate 7%
$523,943
$523.9K
Cap Rate 9%
$407,511
$407.5K
Market Conditions
NOI Build-Up for 5,930 SF
Gross rent
$56.2K $9.48/SF
− Vacancy
−$3.8K −$0.64/SF
EGI
$52.4K $8.84/SF
− OpEx
−$15.7K −$2.65/SF
NOI
$36.7K $6.18/SF
Area
Steuben County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,520
Cap Rate 7%
$523,943
Cap Rate 9%
$407,511
Alternative Uses
Best Use
Retail
$818.1K
$715.8K – $954.4K
NOI $57,264 @ 7.0% cap · market cap 9.62%
Second Best
Industrial
$523.9K
$458.5K – $611.3K
NOI $36,676 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.45M
$1.26M – $1.69M
NOI $101,195 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
10
Service bays
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
87k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 71%
Shops & Services 15%
Dining 6%
Hotels & Casinos 5%
Wegmans
Groceries
62,003 visits/mo
0.4 miles
Sunoco
Shops & Services
8,094 visits/mo
0.3 miles
Burger King
Dining
5,414 visits/mo
0.5 miles
H&R Block
Shops & Services
3,773 visits/mo
0.1 miles
Zoom Tan
Beauty & Spa
2,726 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Goodyear Auto Service — 20 Denison Pkwy W, Corning, NY 14830
- Tire World of Corning LLC — 113 Chestnut St, Corning, NY 14830
- J&T's Auto Cafe — 5 Bridge St, Corning, NY 14830
- Cowboy Up Automotive & Small Engine Repair — 104 W William St, Corning, NY 14830
- Corning Imported Auto LLC — 27 W Pulteney St, Corning, NY 14830
Frequently Asked Questions
What type of property is this?
Auto shop - Service-oriented commercial building with offices, wash bays, and storefront potential.
Where is this auto shop located?
The property is located at 25 East Pulteney Street Corning, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Ten heated automotive service bays; 10‑foot automatic overhead doors; Two wash‑equipped bays
