Former McDonald's Site | Absolute Auction

609 Chemung Street in Horseheads, New York, is being offered through an absolute auction, presenting a redevelopment opportunity in one of the area's established retail corridors. The property consists of approximately 0.86 acres across two commercial lots and was formerly occupied by a McDonald's restaurant that was demolished in 2016. With the site cleared and zoned C-1, the parcel is positioned for a variety of retail, restaurant, service, and commercial redevelopment concepts, allowing buyers to capitalize on an existing retail location with a proven operating history. The property's configuration offers a development-ready site with visibility and access characteristics well-suited for customer-oriented uses. Situated within Horseheads' primary retail concentration, 609 Chemung Street benefits from freeway visibility and convenient access to Interstate 86, creating exposure to both local residents and the steady flow of regional travelers moving through the market. The site's frontage and accessibility support user convenience while enhancing brand presence and customer awareness from nearby traffic corridors. Surrounding retail, dining, and service businesses help drive consumer activity throughout the trade area, providing built-in synergies for future development. Its location within a well-established commercial corridor positions the property to serve both daily-needs customers and destination-oriented visitors, while the proximity to Interstate 86 expands its reach beyond the immediate community. Market fundamentals further support redevelopment potential. More than 33,970 households reside within a 10-mile radius, with an average household income of $82,377. Consumer spending within five miles totals approximately $462.9 million annually, including more than $136.7 million spent on food and alcohol purchases. Notably, approximately $52.7 million is spent annually at restaurants and quick service establishments, underscoring demand for foodservice and convenience-oriented retail concepts. Combined with its development-ready condition, commercial zoning, freeway visibility, and accessibility, 609 Chemung St offers a compelling opportunity for retail, restaurant, or service-oriented redevelopment in the Horseheads market. Property tours are available by appointment only. Please contact the listing broker to schedule.