CCertihomes
68 River Street, Hornell, NY 14843

$399,900

0 beds 0 baths 5,873 sqft Built 193042 days on marketActive

About this home

An exceptional business and investment opportunity awaits at 68–78 River Street in Hornell, New York. Priced under half a million dollars, this versatile and expansive property package offers incredible potential for entrepreneurs, investors, or anyone looking to step into the restaurant and event space business with built-in income and room to grow. At the heart of the offering is 68 River Street—a two-story, 8, 312 square foot brick building currently housing the RBI Sports Pub.The bar features a full commercial kitchen attached building house a large VIP room, and an outdoor beer garden, making it ideal for events and regular dining alike.The bar, as an established local reputation and provides a turnkey setup for new ownership. Above the bar, three fully rented apartments generate a steady monthly income adding an immediate revenue stream to your investment.In addition to the bar building, the sale includes three more properties that significantly expand the possibilities. At 74 River Street, is residential-style house but could easily be converted into another rental unit or short-term stay property. These buildings feature a spacious, flexible event center ideal for weddings, meetings, or community functions. The outdoor pavilion on the grounds, perfect for hosting live music, festivals, or small-scale concerts.The entire property sits on approximately 0.52 acres in a high-traffic area, just blocks from downtown Hornell and along a road that services Alstom Transport, the city’s largest employer. The location offers excellent visibility and convenient access, with plenty of on and off-site parking to support events, patrons of the bar, and residents alike.This is a rare opportunity to own a collection of multi-use buildings with multiple income streams—restaurant, residential, and event space—all for under $500, 000. Whether you’re looking to operate a lively venue, expand your real estate portfolio, or do both, this property delivers flexibility, function, and value in one dynamic package.Don’t miss your chance to bring your vision to life on River Street.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$5,811/mo

Real estate (PITI + HOA + PMI)
$4,321
Principal + interest$2,566
Property tax + insurance$1,605
PMI / 2nd mortgage$150
Utilities
$3,097
Heating + cooling$1,399
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$5,811/mo TLC
Budget$6,311/mo
Remaining after TLC$500/mo
Purchase price
$399,900
Down payment
$19,995 (5%)
Loan amount
$379,905
APR
7.15%

Quick facts

Type
Business
Style
Year built
1930
Lot size
0.1417 ac
Stories
2
Heating
Electric, Gas, Zoned, ForcedAir
Cooling
Zoned, CentralAir
Water
HOA
Annual tax
$11,998
MLS #
R1600628
County
Steuben

At a glance

Air conditioning
Basement

Home features

Parking
CommonOffSiteOnSite
Flooring
Carpet, Hardwood, Linoleum, Varies, Vinyl
Roof
Flat, Membrane, Metal, Rubber, Shingle
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 14843

MetricThis ZIPCountyUSA
Population13,17619,351,094299,088,112
Population Change Since1990-10.00%8.00%20.00%
Population Density133395
Male6,2459,381,926147,432,321
Female6,9319,969,168151,655,844
Never Married2,6984,946,39163,775,926
Married5,1177,166,701123,120,365
Separated7371,159,67312,639,686
Widowed9281,110,24515,467,586
Divorced1,1921,210,44823,075,029
Number Of House Hold4,9657,102,016111,826,380
Average House Hold Size2.582.642.60
Medial Age37.3236.5335.46
Median House Hold Income$34,877$49,847$48,276
Average House Hold Income$41,873$70,032$63,629
P C I$16,909$26,569$24,529
M D I$30,712$42,210$41,133
A T H E$38,955$54,185$50,898
S T R8.00%4.00%
W C J81.60%81.55%77.74%
(Zip) Code
14843

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 4/22/2025. Provided courtesy of eXp Realty, LLC via Buffalo MLS. Information deemed reliable but not guaranteed.