31 Jennings Street, Corning City, NY 14830

Property Description

PRICED TO SELL — $10,000 BELOW APPRAISED VALUE. This commercial building is offered at $85,000, well under its recent $95,000 appraisal, giving the next owner instant equity at closing. The single-story building offers over 1,500 sq ft of usable commercial space with a highly flexible layout. The front open area works perfectly for retail, reception, or client-facing operations, while the private office, bathroom, and large rear room provide excellent functionality for a wide range of business uses. The rear space can remain as storage or be easily finished into additional offices or work areas. A clean, full basement adds even more storage and operational flexibility. The property has received interior improvements, including updated flooring and refreshed finishes in key areas, allowing for immediate occupancy while still leaving room for a buyer to add value through cosmetic or layout upgrades. This makes it an ideal opportunity for both owner-occupants and value-add investors. The building is well suited for a barber shop, salon, professional office, photo studio, medical or service-based business, or a small investor conversion depending on zoning. Located in a central, high-convenience area of Corning, within walking distance to a school and minutes from I-86 and Market Street, the property benefits from strong accessibility and local traffic. Opportunities to buy a commercial building below appraised value at this price point are rare. Whether you’re looking to operate your own business, lease it out, or improve and reposition, this property offers strong upside, flexibility, and immediate equity.