57 Bridge Street, Corning, NY 14830
sale
$319,000
|
Apartment
Courtesy Of Signature Properties
Prime Investment Opportunity on Historic Bridge Street Positioned in the heart of historic Bridge Street in Corning, NY, this legacy commercial property presents a rare chance to acquire a multi-income, mixed-use asset with strong redevelopment and cash-flow potential. With two distinct storefronts, the building offers immediate flexibility for dual commercial tenants, multiple revenue streams, or a single operator seeking expanded footprint. This configuration supports a wide range of uses-from retail and hospitality to entertainment, service-based businesses, or a fully reimagined mixed-use concept-maximizing both occupancy options and long-term ROI. The sale includes all owned equipment, such as a walk-in cooler, beer tap system, and security system, reducing upfront capital expenditures and enabling a faster path to operational income. These included assets provide a turnkey advantage for investors or operators looking to minimize startup costs and accelerate return on investment. Above the commercial space, the property features two residential apartments, creating additional stabilized income potential. These units can serve as long-term rentals, short-term lodging, or owner-occupied housing with supplemental rental income-further enhancing overall yield and investment flexibility. Supporting infrastructure includes two restrooms servicing the commercial level, ensuring functionality for high-traffic business use and compliance for a variety of commercial applications. With its dual storefront configuration, residential income components, and adaptable commercial layout, this property is ideally suited for investors seeking value-add repositioning, multi-tenant leasing strategies, or redevelopment into a flagship downtown destination. Whether envisioned as a restaurant, brewery, entertainment venue, retail hub, or fully reimagined mixed-use asset, this building offers the scale, location, and structural versatility to support strong long-term performance. A rare opportunity to acquire a downtown asset with built-in income streams, expansion potential, and significant upside in one of Corning's most recognizable commercial corridors.
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Property Features
- Age: Over 50 Years Old
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Concrete
- Floor Covering: Carpet
- Floors: 2
- Heating System: Baseboard
- Heating System: Hot Water(Heating)
- Heating System: Natural Gas
- MLSID: R1702453
- Parking Spaces: 20
- Roof Type: Asphalt
- Roof Type: Membrane
- Roof Type: Rubber
- Rooms: Basement
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