118 Victory Hwy Painted Post, NY 14870
- Turn key restaurants
- 5,167 SF
- 1.86 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 118 Victory Hwy
- Year built
- 1978
- Lot size
- 1.86 lot acres
- Property size
- 5,167 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 464289 280.00-01-014.200
- APU
- 4642892800001014200
Description
This vacant 5,320 square foot restaurant/storefront building presents a unique investment opportunity in Painted Post, NY. Located on 1.86 acres at 118 Victory Highway, this Class B property boasts high visibility from I-86 and a prime location on a main route to Corning Inc.'s Sullivan Park Campus. The building, constructed in 1978, features 34 parking spaces and is zoned for Regional Service, allowing for diverse uses. The majority of the equipment, furniture, and fixtures from the previous Denny's restaurant remain in place. This property benefits from significant traffic, with an AADT of 30,575 on I-86 (Exit 43). Its strategic location is complemented by nearby businesses including a Holiday Inn Express, Dunkin', Baskin Robbins, and Southern Tier Medical, ensuring high foot traffic and visibility. This presents a fantastic opportunity for a franchisee or local operator to reopen a restaurant or adapt the space for another retail use. The property's one-story building sits on a sizable lot, offering ample space for expansion or outdoor seating. This is a rare chance to acquire a well-situated commercial property in a thriving area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $290,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $479,000
Market price range: $257k - $919k
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Location Insight
- Map
- Local Demand
- City
- Painted Post
- County
- Steuben
- State
- New York
- Longitude
- -77.1065
- Latitude
- 42.1717
- CBSA code
- 18500
- CBSA name
- CORNING, NY MICROPOLITAN STATISTICAL AREA
