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Remodeled Restaurant with Patio
For Sale
$350,000

500 S Main Street, Elmira, NY 14904

CommercialSale, Elmira, NY

Property Size8,761 SF
Lot Size0.24 Acres
Price / SF$39.95
Days on Market287

Property Features for 500 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning BA
Zoning description Commercial
Rooms Basement
Parking 10
Parking features Offsite
Lot features Irregular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions From West Water Street, take South Main Street. The property is located on the corner of South Main Street and Franklin Street.
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-011-0010-015-001-0000
Size 8,761 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 10516

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

two dining rooms
full bar
service bar
handicap restrooms

Building Details

Year built 1912
Floors in Building 1
Number of units 1
Flooring type Concrete, Carpet
Building materials Frame, Masonry, WoodSiding
Roof type Metal
Listing Agency: Howard Hanna Elmira
Listed By: Arthur D. Ambrose · License #30AM1081022
Added: Nov 14, 2025 Changed: Aug 19 Last Checked: Aug 28 at 8:06AM
MLS# R1651010

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 8,761-square-foot restaurant occupies a building constructed in 1912 and remodeled in 2015, including the kitchen. The layout provides two dining rooms, booths, a full bar with stools, a service bar, outdoor patio seating, and handicap restrooms. Total seating is approximately 300. Concrete and carpet flooring, central air, forced-air natural gas heat, a metal roof, and a basement are also included in the property improvements.

The sale includes the building, land, operating business, furniture, kitchen equipment, fixtures, and inventory. An adjoining vacant lot measuring 64' x 120' is included for additional parking and is located at 505 Pennsylvania Avenue. The restaurant continues operating during the sale process. The property is served by public water and public sewer and is zoned BA. Artwork is excluded.

Key Highlights

  • Restaurant and kitchen remodeled in 2015
  • 8,761‑square‑foot restaurant building constructed in 1912
  • Two dining rooms, full bar, service bar, booths, and outdoor patio seating

Property Analytics

Current Use

Bernie Murray's Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 98% Electronics 2%
Dollar Tree Shops & Services
13,672 visits/mo 0.5 miles
Byrne Dairy Shops & Services
12,619 visits/mo 0.1 miles
Dollar General Shops & Services
8,537 visits/mo 0.1 miles
Kwik Fill Shops & Services
6,734 visits/mo 0.5 miles
AutoZone Shops & Services
3,912 visits/mo 0.4 miles

Demographics for 14904, NY

15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two dining rooms, a full bar, and seating for approximately 300 support ongoing restaurant operations.
Where is this conventional restaurant located?
The property is located at 500 S Main Street Elmira, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Restaurant and kitchen remodeled in 2015; 8,761‑square‑foot restaurant building constructed in 1912; Two dining rooms, full bar, service bar, booths, and outdoor patio seating
More about this property
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