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411 CANISTEO ST Hornell NY 14843-2104

[Locked] • APN 166.10-02-015.000

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Details
Property Type Office
Sub Type Medical Office
Building SqFt 147,500
Lot SqFt 153,745
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code B-1
Year Built 1968
Building Count 1
Opportunity Zone Yes
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Office
Property Subtype
Medical Office
Marketing Description

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Approximately 216,329± square feet of space on parcels totaling 6.64± acres in the City of Hornell will be auctioned for sale. The former St James Mercy Hospital began as a farmhouse in 1890, and grew over decades of use with its final 55,000 square foot expansion occurring in 1989. The facility closed in 2020 when the hospital merged into a larger medical system and relocated. The property is located in an Opportunity Zone providing tax incentives for qualified investments.

  • Non-Contingent
  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $10,000 Participation Deposit

411 Canisteo St, Hornell, NY 14843

Investment Highlights
  • Former St. James Mercy Hospital, Hornell, NY
  • 216,329± SF on 6.64± Acres
  • Located In Opportunity Zone
  • B-1 and R-2 Zoning
  • Original Building (Farmhouse) Built 1890
  • North Wing: 20,082sf, Built 1931
  • East Wing: 35,928sf, Built 1950
  • West Wing: 64,830sf, Built 1968
  • New Addition: 55,000, Built 1989
  • 2 - 4 Stories (Plus Basement)
  • Power: 480 Volt 3 Phase
  • Minute Drive Time From I-86


Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Document Type
******
Recording Book
******
Recording Page
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Sold By
******
Sold To
******
Property Type
Property Type
Multifamily, Special Purpose
Marketing Description

For registration requirements and regulations, please review here or contact Tyler Ley | 949-264-0332 | tley@crexi.​com.​

Unlimited opportunities exist with this 216,329 SF 2-story and 4-story former hospital located in Hornell, NY in an Opportunity Zone. Potential exists for apartments, senior housing, assisted living and much more.

Located just off Route 36 which is a 4-lane highway that runs thru Hornell and connects to Interstate 86. Hornell is in the Northern part of Steuben County with Alstom as its largest employer with 800+ employees and growing due to new contracts.

Tax parcel 166.10-02-015.001 is ground lease thru September 2041 for $10,000 year and has a vacant medical building on the site.

  • Non-contingent
  • Earnest Money Deposit is 10% of the Winning Bid Amount
  • Platform Fee: 5% of the Winning Bid Amount, $20,000 minimum
  • $5,000 Participation Deposit Required

411 Canisteo St, Hornell, NY 14843

Investment Highlights
  • 216,329 SF 2-story and 4-story former hospital in Hornell, NY
  • Located in an Opportunity Zone
  • Hornell’s Main St is a wide, tree-line street with numerous shops and services
  • Surrounding businesses include Wal-Mart, Wegman’s and Applebee’s, along with several smaller stores
  • Potential exists for apartments, senior housing, assisted living and much more

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
MM
Michael J. Manzari PRO
•••.•••.9720
••••zari@••••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
PW
Patrick Wahl
•••.•••.3633
•••••••.wahl@••••-•••••••••.com
Brokerage logo
Listing removed on
 BY:
BD
Bianca Diorio
•••.•••.3810
••anca@•••••.com
Brokerage logo

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