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    76-82 Market St Corning, NY 14830

    For Sale
    $1,495,000

    Mixed-use, Class A, high-return potential.

    Property size:
    17,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 76-82 E Market St, Corning, NY 14830 presents a rare investment opportunity. The 17,760 square foot building boasts a prime location on busy Market Street and features a desirable blend of retail and office space. Three ground-floor storefronts contribute to a strong rental income stream, with two currently leased to Dollar General. Above the retail space, two additional floors offer 14,760 square feet of Class A office space, ideal for a variety of professional uses. The building includes a passenger elevator for convenient access. The second floor features an impressive executive suite, complete with custom woodwork, open space, private offices, and multiple configurations to suit various business needs. Amenities throughout the building include conference rooms, reception areas, and kitchens. The property sits on a 0.13-acre lot and is offered at $1,495,000, representing a price per square foot of $84.18. This multi-tenant building (five units total) offers a compelling combination of established income and significant upside potential, making it an attractive investment for discerning buyers. The gross lease structure simplifies management, while the high-quality construction and desirable location ensure strong tenant demand. This is a truly unique opportunity to acquire a well-maintained, high-performing asset in a thriving New York market.

    Property Features for 76-82 Market St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    17,760 SF
    Class
    A
    Lot Size
    5,663 SF

    Building Details

    Units
    5

    HighLights

    • Exceptional mixed‑use investment opportunity in prime Corning, NY location.
    • 17,760 SF building with three ground‑floor retail spaces (two leased to Dollar General) and 14,760 SF of Class A office space.
    • Features a passenger elevator, executive suite, conference rooms, and multiple kitchens.
    • Situated on a 0.13‑acre lot and offered at $1,495,000 ($84.18/SF).
    • Five‑unit multi‑tenant building with strong rental income and upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Corning
    County
    Steuben
    State
    New York
    Longitude
    -77.0513816
    Latitude
    42.1426487

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    FAQs

    What type of property is this?
    Office Property / Space - Mixed-use, Class A, high-return potential.
    Where is this office property / space located?
    The property is located at 76-82 Market St Corning, NY.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in prime Corning, NY location.; 17,760 SF building with three ground-floor retail spaces (two leased to Dollar General) and 14,760 SF of Class A office space.; Features a passenger elevator, executive suite, conference rooms, and multiple kitchens.
    Request Owner's contact information
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    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
    76-82 Market St Corning, NY 14830
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