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754 S Main St 3,826 SF Retail Building Elmira, NY 14904 $65,000 ($16.99/SF)
Investment Highlights
- Fully gutted interior provides a blank-slate opportunity for redevelopment.
- Situated on a 0.38-acre lot with potential for on-site parking or outdoor amenities.
- Convenient access to I-86, NY-14, and Elmira/Corning Regional Airport.
- Includes a detached garage structure for additional storage or operational use.
- High-visibility location along South Main Street in Elmira’s commercial corridor.
- Owner financing available for qualified buyers, enhancing acquisition flexibility.
Executive Summary
Investor Opportunity – Blank Slate Commercial Property with Owner Financing
The property at 754 S Main St in Elmira, NY, is a commercial building constructed in 1950 with a total area of 3,826 square feet on a 0.38-acre lot. It consists of two detached structures connected through the basement. The property is accessible via South Main Street and is approximately 11 miles from Elmira/Corning Regional Airport. Surrounding land uses include retail, residential, and service-oriented businesses.
This fully gutted commercial building presents a rare value-add opportunity for investors or entrepreneurs looking to create a custom commercial space from the ground up. Previously operated as a bar and later a winery, the property was most recently being converted into an event center before renovations paused—leaving the structure stripped to the studs and ready for redevelopment.
The property at 754 S Main St in Elmira, NY, is a commercial building constructed in 1950 with a total area of 3,826 square feet on a 0.38-acre lot. It consists of two detached structures connected through the basement. The property is accessible via South Main Street and is approximately 11 miles from Elmira/Corning Regional Airport. Surrounding land uses include retail, residential, and service-oriented businesses.
This fully gutted commercial building presents a rare value-add opportunity for investors or entrepreneurs looking to create a custom commercial space from the ground up. Previously operated as a bar and later a winery, the property was most recently being converted into an event center before renovations paused—leaving the structure stripped to the studs and ready for redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,826 SF
Building Class
C
Year Built
1950
Price
$65,000
Price Per SF
$16.99
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.77 AC
Zoning
RA - Commercial Office Residential Mixed-Use
Frontage
109’ on MAIN ST
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 070400-099-015-0008-019-000-0000 | Improvements Assessment | $10,000 |
| Land Assessment | $10,000 | Total Assessment | $20,000 |
Property Taxes
Parcel Number
070400-099-015-0008-019-000-0000
Land Assessment
$10,000
Improvements Assessment
$10,000
Total Assessment
$20,000
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754 S Main St