MP Home Team

24 Park Drive
Hornell, NY, 14843
$325,000
Beds
0 Baths
5,270 SqFt
0.82 Acres
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MLS #R1665441 image #0
Multi-Income Commercial Investment Opportunity | Turn-Key Cash Flow
$38,000 new operating income!!

Investors and entrepreneurs take notice! This income-producing commercial property in Hornell offers multiple established revenue streams and a turn-key investment opportunity with strong income potential.

The property features fully occupied commercial spaces currently leased to a church, hair salon, and media company, creating consistent rental income from diversified tenants. Additional revenue is generated by a coin-operated car wash with industrial vacuums, providing built-in passive income, along with a garage/storage unit offering additional rental or value-add income potential.

Positioned in a high-visibility location within the City of Hornell, the property benefits from steady traffic, surrounding businesses, and nearby residential neighborhoods, supporting long-term tenant demand.

The local economy is anchored by major employers such as Alstom, bringing hundreds of jobs to the area and supporting local business growth and service demand. The property is also conveniently located near the Finger Lakes region and within reach of Alfred State College and Alfred University, adding additional consumer traffic and business opportunities.

This property presents an excellent opportunity for investors looking to expand their portfolio, entrepreneurs seeking a business hub, or buyers searching for a multi-income commercial asset with immediate revenue potential. 5 Commercial spaces generate $3575/mo. PLUS additional income from car wash.

Small town location with big business opportunity.

Property Details

Price:
$325,000
MLS #:
R1665441
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
hornellcity460600
Listed Date:
Mar 10, 2026
Finished Sq Ft:
5,270
Total Sq Ft:
5,270
Lot Size:
35,719 sqft / 0.82 acres (approx)
Year Built:
1988
Hornell-city-460600Hornellcity460600HornellProbate

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Schools

School District:
Hornell

Interior

Cooling
Other, See Remarks, One Unit
Flooring
Concrete, Linoleum, Vinyl, Carpet
Heating
Gas, Individual, Other, See Remarks
Levels
Two

Exterior

Building Features
Office
Community Features
Storm Drains
Construction Materials
Other
Lot Features
Rectangular, Rectangular Lot
Parking Features
Common, On Site, Surfaced
Parking Spots
30
Parking Total
30
Roof
Asphalt, Membrane, Metal, Rubber
Stories
2

Financial

Taxes
$10,323

Map

Community

Market Summary

Current real estate data for Commercial in Hornell as of Jul 21, 2026
9
Commercial Listed
162
Avg DOM
54
Avg $ / SqFt
$225,622
Avg List Price

Property Summary

    24 Park Drive Hornell NY is a Commercial for sale in Hornell, NY, 14843. It is listed for $325,000

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