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111 N Main St
Elmira, NY 14901

Midtown Building · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
30,839 SF
Building Class
B
Year Built
1950
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,095 SF
Building FAR
3.93
Lot Size
0.18 AC
Zoning
BB - Central Business District * National Historic Commercial District at Main & Water Street * Mixed-Use Zoning

AMENITIES

  • Atrium
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Property Manager on Site
  • Skylights
  • Storage Space
  • Bicycle Storage
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Air Conditioning

ABOUT 111 N MAIN ST , ELMIRA, NY 14901

Opportunity Zone redevelopment opportunity in downtown Elmira. Former JC Penny's Building. Located next door to the First Arena and walking distance to new Medical School. Currently operated as a multi-tenant office building with undeveloped 3rd & 4th stories. Apprx. 6,000 SF per floor. Potential for 10-12 upper story residential units while still maintaining 1st & 2nd story commercial space. Elevator & Sprinkler systems in place. Central Air-Conditioning upgrades currently underway. Loads of character on the upper floors with sky-lights, heavy timber, exposed brick, wood floors and more. Nearby undeveloped lot available for potential parking. Current occupancy is mo. to mo. or with break clauses. Building operates at break-even as currently configured. (Broker is an officer of Seller entity. All amounts, depictions, representations and totals are apprx. only.)

PROPERTY TAXES

  • Listing ID: 15681722

  • Date on Market: 4/9/2019

  • Last Updated:

  • Address: 111 N Main St, Elmira, NY 14901