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    131 Walnut St Corning, NY 14830

    For Sale
    $295,000

    4,928 SF Executive Office, Vacant

    Property size:
    4,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 4,928-square-foot Class C office building at 131-133 Walnut Street in Corning, New York, presents a remarkable investment opportunity. Currently vacant, this adaptable space offers a versatile layout ideal for various office uses, including its previous configuration as a medical facility. The property boasts a comprehensive suite of features, including a reception area, lab space, waiting room, four exam rooms, an open area with cubicles, a private office, an employee kitchen, and a large conference room. Two public restrooms and one employee restroom are also included. Ample parking is provided with eleven spaces in a rear lot. The building is ADA accessible, ensuring compliance with accessibility standards. Its convenient location just off Denison Parkway, next to the USPS, and within walking distance of the Gaffer District and Historic Market Street, offers excellent visibility and accessibility. The asking price for this well-equipped and strategically located property is $295,000. This is an exceptional chance to acquire a substantial office building in a thriving New York community. The property is located in Steuben County, NY, zip code 14830.

    Property Features for 131 Walnut St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,928 SF
    Class
    C

    HighLights

    • Reception area, lab space, and waiting room.
    • Four exam rooms, two public restrooms, and one employee restroom.
    • Open workspace with cubicles and a private office.
    • Employee kitchen and large conference room.
    • Eleven‑space rear parking lot.
    • ADA‑accessible building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corning
    County
    Steuben
    State
    New York
    Longitude
    -77.057318
    Latitude
    42.142617

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    FAQs

    What type of property is this?
    Office Property / Space - 4,928 SF Executive Office, Vacant
    Where is this office property / space located?
    The property is located at 131 Walnut St Corning, NY.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: Reception area, lab space, and waiting room.; Four exam rooms, two public restrooms, and one employee restroom.; Open workspace with cubicles and a private office.
    Request Owner's contact information
    131 Walnut St Corning, NY 14830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    131 Walnut St Corning, NY 14830
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