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    1050 Pennsylvania Ave Elmira, NY 14904

    For Sale
    $675,000

    COMMERCIAL - Elmira, NY

    Property size:
    21,257 SF
    Lot size:
    2.72 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1050 Pennsylvania Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CN
    Rooms
    Basement
    APN
    109.06-4-51
    Parking
    87
    Size
    21,257 SF
    Lot size
    2.72 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard, Forced Air, Hot Water(Heating), Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Floors in Building
    3
    Number of units
    4
    Building materials
    Concrete
    Roof type
    Asphalt, Membrane, Rubber

    Keller Williams Realty Southern Tier & Finger Lakes (607) 795-2900 [email protected]

    Listing agent James Connor (607) 795-2900 License #10401381217

    Listing date Nov 15, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Elmira Commercial Redevelopment Opportunity

    This property, formerly the Olthoff Funeral Home, offers redevelopment or investment potential for various commercial uses, including senior or assisted living. The primary building, with over 20,000 square feet of interior space, features multiple entrances and two main levels. The upper level includes a recreational room and a showroom, adaptable for various uses. The lower level features a chapel room, several clergy offices, and an elevator. An unfinished area offers potential for additional usable space. The property includes two living quarters: one upstairs, previously used by the funeral manager/director, and a second fully functional apartment suitable for onsite management, residential use, or rental income. A 3-car detached garage provides storage or workspace, and a 2-car garage connected to Sycamore Street, previously the crematory, enhances access. The vacant property at 937-939 Sycamore Street offers additional redevelopment or rental income opportunities. A large parking lot accommodates visitors and includes a leased secondary business that recently completed renovations and wishes to remain on-site, using 8 designated parking spaces and providing immediate income stability. Located in Elmira, NY, this 2.72-acre site offers flexibility for uses such as a community center, office complex, event venue, mixed-use investment, or senior living facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Olthof Funeral Home Funeral Home Olthof Funeral Home ... Funeral Home

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.813137
    Latitude
    42.05954

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    FAQs

    What type of property is this?
    Wedding venue - Expansive property with redevelopment potential for various commercial uses.
    Where is this wedding venue located?
    The property is located at 1050 Pennsylvania Ave Elmira, NY.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Over 20,000 sq ft of interior space offering exceptional potential for redevelopment or investment.; - Two living quarters: one upstairs and a second fully functional apartment for onsite management, residential use, or rental income.; - Large parking lot includes a leased secondary business with 8 designated spaces, providing immediate income.
    (607) 795-2900
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    1050 Pennsylvania Ave Elmira, NY 14904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1050 Pennsylvania Ave Elmira, NY 14904
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