H
ere are the top commercial real estate transactions in the Hornell area in 2024:
A number of notable deals took place across various sectors, including restaurants, office buildings, and medical facilities. Some businesses changed hands while others underwent ownership changes without significant operational shifts.
According to public records, here are some of the most significant transactions:
* A Burger King location on Bolivar Road in Wellsville sold for $1.652 million.
* A converted residence at 24 Church St. in Hornell was purchased for $489,976 and now hosts various businesses and offices.
* Jones Memorial Hospital acquired a medical office building on Main Street in Wellsville for $365,000 and the adjacent parking lot for $35,000.
* The Seneca Road restaurant, formerly Balloons East and Club 57, was rebranded as Racalto's after being sold for $300,000.
* Allegany County purchased an office building at 55 Chamberlain St. in Wellsville to house Community Services and other health organizations.
Other notable transactions include:
* The sale of Giovanni's Pizzeria property at 119 Seneca St. in Hornell for $265,000.
* The purchase of the Hubertus Service Station in Canisteo for $250,000.
* The sale of an auto body shop on Main Street in Canisteo for $210,000.
* The acquisition of a downtown row building that houses the Hornell Pizza King for $200,000.
To explore more commercial real estate transactions in your neighborhood, search our online database.
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