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    Elmira, NY Conventional Restaurants for Sale

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    Horseheads, NY Big Flats, NY Chemung, NY
    Elmira Restaurant Opportunity
    $350,000
    8,761 SF
    Elmira Restaurant Opportunity

    500 S Main Street, Elmira, NY 14904

    Fully operational restaurant with equipment, furniture, and additional parking.
    • Fully operational restaurant (Bernie Murray's) with established history.
    • Includes building, land, business, furniture, kitchen equipment, fixtures, and inventory.
    • High seating capacity: approximately 300, including dining rooms, bar, booths, and outdoor patio.
    • Remodeled restaurant and kitchen in 2015.
    • Adjoining vacant lot included for additional parking.
    Updated: Nov 14, 2025
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    Turnkey Restaurant with Apartment Included
    $269,900
    4,658 SF
    Turnkey Restaurant with Apartment Included

    1157 N Main Street, Elmira, NY 14901

    Established restaurant with apartment for sale in Elmira, NY.
    • Offered fully equipped restaurant with walk‑in coolers and freezers, plus cookware, fixtures, and equipment included in the sale
    • Fully functional apartment next door included, suitable for owner occupancy or rental to help offset expenses
    • Building built in 1971 with brick, frame, and concrete construction materials
    • Central air cooling; heating includes hot water (heating) and forced air with natural gas (and other heating)
    • Public water and public sewer service
    Updated: Apr 20
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    Turnkey Restaurant with Apartment Included
    $269,900
    Turnkey Restaurant with Apartment Included

    Fully equipped restaurant with apartment for owner occupancy or rental.

    1157 N Main St, Elmira, NY 14901

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    Former Restaurant on Two Acres
    $545,000
    6,250 SF
    Former Restaurant on Two Acres

    6,250 SF former restaurant with two-acre assemblage.

    2447 Corning Rd, Elmira, NY 14903

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Elmira, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Market Street Restaurant Opportunity
    $425,000
    3,752 SF
    Market Street Restaurant Opportunity

    Fully equipped restaurant with mezzanine and basement in Corning.

    69 E Market St, Corning, NY 14830

    View details
    Watkins Glen Investment Opportunity
    $450,000
    12,200 SF
    Watkins Glen Investment Opportunity

    Two-building commercial property in Watkins Glen, NY for sale.

    223-301 N. Franklin Street, Watkins Glen, NY 14891

    View details
    Award-Winning Restaurant Opportunity
    $425,000
    4,158 SF
    Award-Winning Restaurant Opportunity

    Established restaurant property for sale.

    69 E Market St, Corning, NY 14830

    View details
    Restaurant and Apartment For Sale
    $259,900
    Restaurant and Apartment For Sale

    Restaurant with apartment in downtown Watkins Glen. Business opportunity!

    Watkins Glen, NY 14891

    View details

    Elmira, NY Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Elmira, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 19,669 square feet of properties for sale, with an estimated market value of $1,164,900.

    Sale prices for conventional restaurants in Elmira, NY start at $269,900, averaging $388,300, and reaching up to $545,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 8
    Conventional restaurants 7
    Turn key restaurants 3
    Coffee shops 2

    Demographics Overview

    Population 45K
    Population Growth (5Y) -4.7%
    Median Household Income $58,161
    College Educated 24.6%

    High-Yield Neighborhoods for Investment

    Identify Elmira submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14901 $269.9K
    14904 $350K
    14903 $545K

    Taxes & Financing

    Tax Rate (average for all types) 1.24%
    Property Tax per SF $55.93 per SF
    Tax Rate vs County Average 2.80 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Chemung County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Elmira, NY

    • 14901
    • 14903
    • 14904

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