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    501 Walnut St Elmira, NY 14901

    For Sale
    $189,900

    COMMERCIAL - Elmira, NY

    Property size:
    1,961 SF
    Lot size:
    0.25 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 501 Walnut St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    070400-089-018-0001-021-000-0000
    Parking
    9
    Size
    1,961 SF
    Lot size
    0.25 Acres

    Utilities

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

    Building Details

    Year built
    1980
    Floors in Building
    1
    Roof type
    Asphalt, Membrane, Rubber

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

    Listing agent Sue Larson (607) 733-2700 License #10301201353

    Listing date Oct 13, 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

    Profitable Laundromat with Dog Wash

    This established and profitable coin-operated laundromat is available for sale, situated on a busy, high-traffic corner. In addition to the self-service laundry operation, the location features a self-service dog-wash room equipped with a warm wash and dry station, and a pet vending machine. The dog wash equipment is included with a full-price offer. The building also has a separate area designed for a future wash & fold service, complete with a new commercial scale, a large storage room, and a bathroom. The sale includes all washers and dryers, customer amenities including a bill changer, and a customer base. Additional features include two new commercial on-demand hot water heaters and a partial new rubber roof. The property is zoned commercial and has a lot size of 0.2507 acres. The building size is 1961 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -76.819532
    Latitude
    42.090139

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    FAQs

    What type of property is this?
    Retail space - Established laundromat with self-service dog wash and expansion potential.
    Where is this retail space located?
    The property is located at 501 Walnut St Elmira, NY.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Established, profitable coin-operated Laundromat on a busy, high-traffic corner.; - Includes a very busy self-service dog wash room with all equipment (with full-price offer).; - Separate area designed for future wash & fold service with new commercial scale.
    (607) 733-2700
    Request Owner's contact information
    501 Walnut St Elmira, NY 14901
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    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

    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
    501 Walnut St Elmira, NY 14901
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