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411 Canisteo St - Former St.James Mercy Hospital 6 Acres of Commercial Land Offered at $1,235,682 CAD in Hornell, NY 14843
Executive Summary
Key facts at a glance:
— 216,329 SF existing hospital-grade structure — steel, concrete, institutional infrastructure
— Federal Opportunity Zone — rural designation, permanent post-2025, 30% basis step-up
— $4.87/SF asking price vs. $95M+ estimated replacement cost
— All 20+ parcels included — expanding campus to approximately 7 acres total
— Ideal conversion to assisted living, memory care, or skilled nursing — Steuben County is 20%+ aged 65+
— Full city and IDA support — tax abatements, USDA grants, NY State HCR financing available
Tax foreclosure deadline: May 27, 2026. Motivated seller. Early engagement strongly encouraged.
The full investment memorandum is attached. I am available for a call, a site tour, or to provide the complete due diligence package at your convenience.
Jevgeni Trosin
Sales Broker · 411 Canisteo Street, Hornell NY
+1 (480) 269-9231
411canisteo@gmail.com
— 216,329 SF existing hospital-grade structure — steel, concrete, institutional infrastructure
— Federal Opportunity Zone — rural designation, permanent post-2025, 30% basis step-up
— $4.87/SF asking price vs. $95M+ estimated replacement cost
— All 20+ parcels included — expanding campus to approximately 7 acres total
— Ideal conversion to assisted living, memory care, or skilled nursing — Steuben County is 20%+ aged 65+
— Full city and IDA support — tax abatements, USDA grants, NY State HCR financing available
Tax foreclosure deadline: May 27, 2026. Motivated seller. Early engagement strongly encouraged.
The full investment memorandum is attached. I am available for a call, a site tour, or to provide the complete due diligence package at your convenience.
Jevgeni Trosin
Sales Broker · 411 Canisteo Street, Hornell NY
+1 (480) 269-9231
411canisteo@gmail.com
Property Facts
| Price | $1,235,682 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Total Lot Size | 6.00 AC | |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $1,235,682 CAD |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,235,682 CAD | Lot Size | 6.00 AC |
| Price Per AC | $205,947.00 CAD |
| Price | $1,235,682 CAD |
| Price Per AC | $205,947.00 CAD |
| Lot Size | 6.00 AC |
Huge territory cheap
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
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411 Canisteo St - Former St.James Mercy Hospital
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