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Conventional Restaurant With Apartment
For Sale
$269,900

1157 N Main Street, Elmira, NY 14901

Established operation includes commercial kitchen equipment, fixtures, and a separate apartment next door.

Property Size4,658 SF
Price / SF$57.94
Days on Market37

Property Features for 1157 N Main Street

General Information

Standard status Active
Size 4,658 SF
Property subtype CommercialSale

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Signature Properties
Listed By: Lisa M. Lilley · License #10301200088
Source: Nicholcityrealty
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 29 at 4:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties

Investment Insights

Based on property information with market context.

This conventional restaurant is offered with the operating assets needed for continued service, including walk-in coolers and freezers, cookware, fixtures, and other equipment. The sale includes the restaurant business and a fully functional apartment located next door.

The property is at 1157 N Main Street in Elmira City, New York. The apartment may support owner occupancy or function as a separate rental, while the current owner is willing to provide transition assistance for a period after closing. The restaurant and apartment are offered together as one operating opportunity.

Key Highlights

  • Restaurant sale includes walk‑in coolers, freezers, cookware, fixtures, and equipment
  • Fully functional apartment next door included with the sale
  • Current owner willing to assist with transition for a period of time

Property Analytics

Current Use

1157 North Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Spa & Massage Center Skin Care Clinic

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

658
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Wegmans Groceries
53,434 visits/mo 0.4 miles

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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established operation includes commercial kitchen equipment, fixtures, and a separate apartment next door.
Where is this conventional restaurant located?
The property is located at 1157 N Main Street Elmira, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Restaurant sale includes walk‑in coolers, freezers, cookware, fixtures, and equipment; Fully functional apartment next door included with the sale; Current owner willing to assist with transition for a period of time
More about this property
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