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1-21 W Market St

$2,250,000

1-21 West Market Street, Corning, NY 14830

Active
Last Updated: 07/12/2024

13.97

Cap Rate

49,069 sqft

Building Size

Details:
Cap Rate:    13.97%
Building Size:    49,069 sqft
Lot Area:    0.37 acres
Units:    18
Zoning:    Commercial
Floors:    7
Description:

Offered for sale is this impressive solid brick building in Downtown Corning on Market St., boasting a prime traffic light location. Centrally positioned with heavy foot and vehicle traffic, just 2 blocks from Dennison Parkway (16,804 daily traffic) and near Brisco Bridge (8,726 daily traffic). In the core of Corning's main retail and office district, the 49,069 SF building is priced to sell at $45.85/SF. Ideal for turnkey office use or potential mixed-use redevelopment. Walkable location with a score of 85, surrounded by local shops and amenities. Pro forma financials provided.


Situated in a prime central location in Corning, NY, this property benefits from a bustling environment with significant pedestrian and vehicular activity. Conveniently positioned just 2 blocks from the Dennison Parkway, the site boasts an impressive average daily traffic count of 16,804. Additionally, it is in close proximity to the Brisco Bridge, where the daily traffic count averages 8,726. Nestled in the heart of Corning's primary retail and office district, this location enjoys a high walkability score of 85, making it easily accessible on foot. Surrounded by a vibrant community, the property is flanked by numerous local shops, restaurants, and amenities, enhancing its overall appeal.


Excellent location. Directly on Market St in Corning. 49,069 Square Feet. Solid brick building. Elevator Fully Sprinklered. Traffic light location Huge Value Add potential. Offered at $45.85/SF

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