80 Riv St, Hornell, NY 14843-2232
This exceptional Hornell, NY property at 80 River Street presents a unique investment opportunity. The main building currently operates as a well-established restaurant and ice cream parlor, boasting 4,206 square feet of space. A significant advantage is the inclusion of an attached parking lot, a valuable asset in a high-traffic area. The property sits on a 0.09-acre lot, providing ample space for potential expansion or outdoor seating. The upper level offers substantial potential. Completely gutted and framed, this space presents a blank canvas for redevelopment. This area could be restored to its original use as apartments, generating additional rental income, or incorporated into the existing restaurant to significantly increase dining capacity. The versatility of this space allows for a wide range of business plans. The current restaurant and ice cream parlor equipment and furnishings are available for purchase separately, offering a seamless transition for a new owner. This turnkey operation, coupled with the substantial upper-level potential, makes this a truly remarkable opportunity in a desirable Hornell location. The asking price is $164,000. Don't miss this chance to own a piece of Hornell's vibrant commercial landscape.
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Sparky's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.