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    414-416 W Washington Ave Elmira, NY 14901

    For Sale
    $99,900

    COMMERCIAL - Elmira, NY

    Property size:
    4,080 SF
    Days on Market:
    12
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 414-416 W Washington Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Comm
    APN
    89.10-3-25
    Parking
    4
    Size
    4,080 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    3
    Roof type
    Rubber, Shingle, Membrane

    RealtyUSA.com (607) 287-8439 [email protected]

    Listing agent Nicholas Magera (607) 739-1444 License #10401326121

    Listing date Dec 3, 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

    Turnkey Restaurant and Mixed-Use Building

    Anderson's Cozy Corners, a local restaurant established in 1973, is available for sale. This offering includes the business, building, and all equipment, presenting a turnkey operation. Situated minutes from downtown Elmira, the restaurant benefits from a central location near other restaurants, shops, and local amenities. The interior features an open dining area suitable for accommodating a high volume of guests. It also includes a commercial kitchen equipped with a walk-in cooler, deep fryer, prep station, meat slicer, and soda fountain machine. Additional features include rear parking spaces and a lottery machine. The adjacent mixed-use brick building includes a commercial storefront on the ground level and a rented 3-bedroom apartment upstairs. The commercial space is suitable for retail, office use, or additional seating for the restaurant. The property is 4080 square feet and is located in Elmira, NY. The zoning is commercial. The ground level storefront and upstairs apartment provide rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    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
    -76.820239
    Latitude
    42.097372

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    FAQs

    What type of property is this?
    Conventional restaurant - Established restaurant with mixed-use building for sale in Elmira.
    Where is this conventional restaurant located?
    The property is located at 414-416 W Washington Ave Elmira, NY.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Turnkey restaurant operation: Includes business, building, and all equipment.; - Mixed-use property: Features a commercial storefront and a fully rented 3-bedroom apartment for immediate rental income.; - Prime central location: Situated near downtown Elmira, surrounded by restaurants, shops, and local amenities.
    (607) 739-1444
    Request Owner's contact information
    414-416 W Washington Ave Elmira, NY 14901
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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

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    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
    414-416 W Washington Ave Elmira, NY 14901
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