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Updated Office Building
For Sale
$109,900

108 Lake Street, Elmira, NY 14901

CommercialSale, Elmira, NY

Property Size4,378 SF
Lot Size0.05 Acres
Price / SF$25.10
Days on Market139

Property Features for 108 Lake Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning 481
Zoning description Commercial
Rooms Basement
Lot features Irregular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions W Water St to Lake St
Subdivision Elmira-City-070400
Standard status Active
APN 070400-089-019-0007-030-000-0000
Size 4,378 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 3441

Utilities

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

Amenities

kitchenette
dual bathrooms
full basement
tall ceilings
natural light

Building Details

Year built 1964
Floors in Building 1
Flooring type Vinyl, Linoleum
Roof type Asphalt
Listing Agency: Signature Properties
Listed By: Julie M. (Jules) Costello · License #10401282603
Added: May 5 Changed: Sep 16 Last Checked: Sep 20 at 7:06PM
MLS# R1678186

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 4,378-square-foot office building, constructed in 1964, offers a flexible professional layout with eight private offices or seven offices plus a conference room. The interior also includes a kitchenette, two bathrooms, tall ceilings, natural light, vinyl and linoleum flooring, and a full basement suitable for storage. Central air conditioning and forced-air natural gas heat support year-round operations.

The property occupies 0.051 acres and is served by public water and public sewer. An asphalt roof completes the building improvements. Located at 108 Lake Street in Elmira, the property provides a dedicated commercial setting for office operations with an adaptable interior arrangement.

Key Highlights

  • 4,378‑square‑foot office building on 0.051 acres
  • Eight private offices, or seven offices plus a conference room
  • Kitchenette and two bathrooms

Property Analytics

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Current Use

Twin Tier Mortgage Loan Service

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Storage Facility Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,271
Businesses Nearby

Demographics for 14901, NY

14,893
Population
6,739
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
80%
High-School Grad
33.2 sq mi
ZIP Area
449
Density / Sq Mi
$40,524
Median Household Income
$28,369
Median Earnings
$835
Median Rent
$90,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Professional layout includes private offices, kitchenette, and two bathrooms.
Where is this office building located?
The property is located at 108 Lake Street Elmira, NY.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 4,378‑square‑foot office building on 0.051 acres; Eight private offices, or seven offices plus a conference room; Kitchenette and two bathrooms
More about this property
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