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    220 Franklin St Elmira, NY 14904

    For Sale
    $85,000

    Commercial Sale, Other - Elmira, NY

    Property size:
    8,066 SF
    Days on Market:
    89
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 220 Franklin St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    8,066 SF

    Building Details

    Year built
    1952
    Architectural style
    Other

    NextHome, Inc

    Listing agent Nathan Little (844) 645-4647 License #10401244019,PersonLicenseNumber

    Listing date Sep 9, 2025

    MLS# 327522 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Building in Elmira

    Located in Elmira, NY, 220 Franklin St is a historic building originally constructed in the late 1800s as St. Mary’s Convent, occupied by the Sisters of St. Joseph. Most recently, it served as the headquarters for Glove House of Elmira NY, utilizing its office spaces, conference rooms, and full basement. The building is in good condition and offers investment potential. The first floor measures 3975 sq ft and includes 9 office/meeting rooms, 3 bathrooms, and an eat-in kitchen, with the largest meeting room measuring 22.7 x 47.6. The second floor provides 4091 sq ft and features 21 office/room spaces and 3 baths. With over 8,000 sq ft, 220 Franklin offers many possibilities, including renting office space and storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -76.80547333
    Latitude
    42.07711792

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    FAQs

    What type of property is this?
    Office building - Over 8,000 sq ft office building with investment potential.
    Where is this office building located?
    The property is located at 220 Franklin St Elmira, NY.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Substantial Size: Over 8,000 sq ft offering diverse possibilities.; - Investment Potential: Ready for immediate rental as office and storage space.; - Multiple Office Spaces: 9 offices/meeting rooms on the 1st floor and 21 on the 2nd floor.
    (844) 645-4647
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    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
    220 Franklin St Elmira, NY 14904
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