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    OFF-MARKET
    Bars & Pubs

    80 Riv St, Hornell, NY 14843-2232

    3,062 SF 0.09 ac lot Built 1900
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-5528860
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1900
    Total area 3,062 SF
    Lot 0.09 ac (3,905 SF)
    APN 460600 166.06-05-057.000
    UPID US63-5528860
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sparky's Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Option One Flips LLC · 1 yrs held
    Option One Flips LLC
    since 2024
    3 recorded transactions
    2024
    $38,255
    2024
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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