27 Bank St Hornell, NY 14843-1634

This 40,050-square-foot freestanding industrial facility, situated on a 1.08-acre lot in Hornell, NY, presents a compelling redevelopment opportunity. Built in 1910 and renovated in 2021, the single-story brick building features 14-foot ceilings, two 9x12 and 12x12 overhead doors, and ample parking for 25+ cars. The property boasts a concrete slab foundation, brick walls, and a rolled saw-tooth roof. Interior features include fluorescent lighting, six gas-fired furnaces, and two three-phase sub-feeds (400-amp and 480-amp). The building is currently configured for light manufacturing, with associated office and warehouse space, and is zoned B-1 Local Business District (a non-conforming grandfathered use). Located off Bank Street in a mixed-use neighborhood, the property benefits from its proximity to major employers such as Alfred University, Alstom Transportation, and several others. A Phase 1 environmental assessment was completed in 2012. The property is conveniently located near I-86 and I-390, providing easy access to major transportation routes. The asking price is $1,100,000. This sale is a sale/leaseback opportunity. The property is not located in a flood zone. Column spacing is 15' x 18'6". The building is located in Steuben County, NY, a region with a diverse economic base.