Elmira, NY
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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.

    • Fully equipped, turnkey restaurant operation ready for immediate continuation of business.
    • Includes a fully functional apartment for owner occupancy or rental income.
    • Established business with loyal staff, customer base, and strong community presence.
    • Current owner willing to assist with transition for a period of time.
    • All assets convey, including walk‑in coolers/freezers, cookware, fixtures, and equipment.
    Updated: Apr 20
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    Turnkey Restaurant and Mixed-Use Building
    $99,900
    4,080 SF

    Turnkey Restaurant and Mixed-Use Building

    Established restaurant with mixed-use building for sale in Elmira.

    414-416 W Washington Avenue, Elmira, NY 14901
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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 9 Potential Opportunities for your consideration. Besides 5 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.

    Commercial Building in Gaffer District
    $1,575,000
    11,776 SF

    Commercial Building in Gaffer District

    High-visibility commercial building in Corning's historic Gaffer District.

    2-4 E Market Street, Corning, NY 14830
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    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
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    Versatile Commercial Property Near Ithaca
    $1,750,000
    13,725 SF

    Versatile Commercial Property Near Ithaca

    Adaptable commercial space suitable for various ventures near Ithaca.

    92 Genung Circle, Ithaca, NY 14850
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    Equipped Restaurant and Bar Space
    $150,000
    1,792 SF

    Equipped Restaurant and Bar Space

    Turnkey restaurant and bar with outdoor seating available for sale.

    404 W State St, Ithaca, NY 14850
    View details

    Elmira, NY Conventional Restaurants Investment Opportunities Market Analysis

    Explore 5 conventional restaurants for sale in Elmira, NY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,749 square feet of properties for sale, with an estimated market value of $1,264,800.

    Sale prices for conventional restaurants in Elmira, NY start at $99,900, averaging $316,200, 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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    Operating Costs & Financing

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

    Leading Commercial Asset Segments

    Conventional restaurants 8
    Bars & Pubs 6
    Coffee shops 3
    Turn key restaurants 3

    Elmira Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    14901 $213.2K
    14904 $350K
    14903 $545K

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