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Elmira Corporate Center 1575 Lake St 255,000 SF Vacant Industrial Building Elmira, NY 14901 $3,800,000 ($14.90/SF)



EXECUTIVE SUMMARY
Presenting a remarkable investment or owner user opportunity in Elmira, NY, this industrial complex is a standout option. Situated a mere 2 miles from the I86 interchange, it offers an exceptional location for manufacturing, warehousing, and distribution. Boasting a total area of 255,000 square feet on 12.16 acres, with an additional 25,000 square feet in two outparcel warehouses featuring 13-foot ceilings. This well-constructed facility includes sturdy cement slab floors and steel I-Beams throughout. It is equipped with 12 elevated loading docks, overhead drive through doors and even features an internal rail system for manufacturing purposes, along with 3-phase electric. There is approximately 18,000 SF of office space, approximately 5,000 SF of high bay warehouse space, and separate warehouses with high ceilings of 25,000 SF each. The versatile nature of this property opens the door to a myriad of potential uses.
PROPERTY FACTS
| Price | $3,800,000 | Rentable Building Area | 255,000 SF |
| Price Per SF | $14.90 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1952 |
| Property Type | Industrial | Parking Ratio | 0.39/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 12 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 12.22 AC | ||
| Zoning | IA | ||
| Price | $3,800,000 |
| Price Per SF | $14.90 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 12.22 AC |
| Rentable Building Area | 255,000 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.39/1,000 SF |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IA |
AMENITIES
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PROPERTY TAXES
| Parcel Number | 070400-079-015-0001-003-000-0000 | Improvements Assessment | $424,000 |
| Land Assessment | $96,000 | Total Assessment | $520,000 |
PROPERTY TAXES
Parcel Number
070400-079-015-0001-003-000-0000
Land Assessment
$96,000
Improvements Assessment
$424,000
Total Assessment
$520,000
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Elmira Corporate Center | 1575 Lake St
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