7451 Seneca Rd Hornell, NY 14843

This exceptional 88,000-square-foot retail shopping center in Hornell, NY, presents a compelling value-add investment opportunity. Located on a substantial 17.5-acre lot at 7451 Seneca Rd N, 14843, this Class B property boasts a prime location near the new St. James hospital and numerous restaurants and businesses, ensuring high traffic volume. Currently 75% occupied, the center features five units, including established tenants such as Dollar General and Advanced Auto Parts. Two vacant storefronts, totaling 27,000 square feet (11,000 and 16,000 sq ft), offer immediate potential for increased revenue. The property also includes a 100-foot steel building with its own electric service and overhead door, extending to State Route 36. The expansive lot provides significant room for development, allowing for the addition of more retail spaces, housing, or storage units. The asking price is $3,900,000, with a price per square foot of $44.32. Built in 1983, this single-story center is zoned for commercial use and operates under a NNN lease structure. This is a rare chance to acquire a well-situated retail center with substantial upside potential in a growing market. The property's size, location, and existing infrastructure make it an ideal candidate for expansion and value enhancement. Don't miss this opportunity to capitalize on the strong potential of this Hornell, NY retail center.