112 Main St Hornell, NY 14843-1566

This three-story, 15,000 square foot mixed-use building presents a compelling value-add investment opportunity in Hornell, NY. Located on Main Street in the heart of the downtown shopping district, the property boasts excellent visibility and accessibility, with convenient public parking nearby. Currently housing three tenants, the building offers immediate cash flow with a 60% occupancy rate. The ground floor features two recently remodeled retail spaces, each equipped with new air conditioning units, and an additional vacant space in the rear. The second floor, currently vacant, presents significant upside potential for conversion into apartments or office space. The unfinished third-floor attic offers further expansion possibilities. A full, dry basement with a concrete floor provides ample storage. Built in 1890 and renovated in 2020, this property is zoned for commercial use and is being offered for sale by owner at $240,000. The gross lease structure simplifies management. Detailed information and photos are available upon request. This is a rare opportunity to acquire a well-located, multi-tenant property with substantial growth potential in a thriving downtown area.