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    Elmira, NY
    Conventional Restaurant

    Elmira, NY Conventional Restaurants for Sale

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    Horseheads, NY Big Flats, NY Chemung, NY Pine City, NY Wellsburg, NY Millerton, PA Ny, NY Gillett, PA
    6 properties
    Turnkey Conventional Restaurant with Apartment
    Updated: Apr 20
    Turnkey Conventional Restaurant with Apartment

    1157 N Main Street, Elmira, NY 14901

    $269,900
    4,658 sqft 0.15 AC lot
    0.1505‑acre restaurant property at 1157 N Main Street, Elmira, NY
    Restaurant space totals 4,658 SF
    Adjacent apartment next door for owner occupancy or rental
    Includes walk‑in coolers and freezers plus cookware, fixtures, and equipment
    Built in 1971 with brick, frame, and concrete construction
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    Remodeled Restaurant with Full Bar
    Updated: Nov 14, 2025
    Remodeled Restaurant with Full Bar

    500 S Main Street, Elmira, NY 14904

    $350,000
    8,761 sqft 0.24 AC lot
    Completely remodeled restaurant and kitchen in 2015 with two dining rooms and dining booths
    Full bar setup with stools, plus a service bar, with handicap restrooms
    Outside patio seating for summer dining and total seating capacity for approximately 300
    Includes a 64' x 120' vacant lot adjoining the restaurant for additional parking at 505 Pennsylvania Avenue
    Central air cooling and natural gas forced‑air heating
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    Remodeled Restaurant with Outdoor Patio
    Remodeled Restaurant with Outdoor Patio

    500 S Main St, Elmira, NY 14901

    $350,000
    8,761 sqft

    Completely remodeled restaurant and kitchen with two dining rooms, full bar, and outdoor patio seating.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turnkey Restaurant with Apartment Included
    Turnkey Restaurant with Apartment Included

    1157 N Main St, Elmira, NY 14901

    $269,900

    Fully equipped restaurant with apartment for owner occupancy or rental.

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    Drive-Through Restaurant Opportunity
    Drive-Through Restaurant Opportunity

    2487 Corning Road, Elmira, NY 14903

    Contact for pricing

    Arby's with an on-site drive-thru has operated at this location since 1995 under a long corporate lease.

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    Bar and Restaurant with Apartment
    Bar and Restaurant with Apartment

    2048 College Avenue, Elmira, NY 14903

    Contact for pricing

    Restaurant and bar space with an upstairs apartment, featuring a large dining area plus rec and dance areas.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Two-Story Restaurant with Full-Service Bars
    Two-Story Restaurant with Full-Service Bars

    308 N Franklin Street, Watkins Glen, NY 14891

    $289,000
    4,514 sqft 0.04 AC lot

    Two-story restaurant in Com 1 zoning with central air, public utilities, and dining for about 100 guests across two levels.

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    Award-Winning Restaurant Opportunity
    Award-Winning Restaurant Opportunity

    69 E Market St, Corning, NY 14830

    Contact for pricing
    4,158 sqft

    Established restaurant property for sale.

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    Two-Story Restaurant & Bar Opportunity
    Two-Story Restaurant & Bar Opportunity

    Watkins Glen, NY 14891

    $289,000

    Two-story restaurant with two full-service bars, customer-visible brick pizza oven, central air, and walk-in cooler.

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    Historic Restaurant with Commercial Kitchens
    Historic Restaurant with Commercial Kitchens

    2-4 E Market Street, Corning, NY 14830

    $1,575,000

    Remodeled restaurant property with multiple kitchens, dining areas, event space, and upgraded operating systems.

    View details

    Elmira, NY Conventional Restaurants Market Trends and Statistics

    Explore 6 conventional restaurants for sale in Elmira, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 22,180 square feet of properties for sale, with an estimated market value of $1,239,800.

    Sale prices for conventional restaurants in Elmira, NY start at $269,900, averaging $309,950, and reaching up to $350,000 — 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 10
    Conventional restaurants 9
    Drive through restaurants 3
    Turn key restaurants 1

    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 $296.6K
    14904 $350K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Chemung County

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    • 14903
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