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Single Office Unit
New
For Lease
$1,348/Mo

118 Lake St, Elmira, NY 14901

Office space within a Central Business District, with bikeable access and a car-dependent walkability profile.

Space SizeContact for details
Property Size1,661 SF
Days on Market6

Property Features for 118 Lake St

General Information

Standard status Active
Size 1,661 SF
Property subtype Commercial

Additional Details

Space Use Office

Taxes and HOA fees

Annual Taxes $7,274

Building Details

Building Size 1,661 SF
Year Built 1945
Stories 3
Units 1
Listing Agency: Signature Properties
Listed By: Jeremy Drake · License #10401361665
Source: Elliman
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 19 at 9:57AM

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 offering consists of a single office unit in a commercial building constructed in 1945. The property is situated within Elmira’s Central Business District at 118 Lake St. Walk Score is 26, classified as Car-Dependent, while Bike Score is 53, classified as Bikeable.

Key Highlights

  • Single office unit available for lease
  • Located in Elmira’s Central Business District
  • Building constructed in 1945

Property Analytics

Current Use

Office Units

Suggested Use

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

Lease Details

NNN (Triple Net)
Lease Type

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

Market

Lease Benchmarks for Elmira, NY

$110 /SF/Yr
Avg Asking Price
$2.19–$297 /SF/Yr
Price Range
13,215 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space within a Central Business District, with bikeable access and a car-dependent walkability profile.
Where is this office units located?
The property is located at 118 Lake St Elmira, NY.
What is the lease rate?
The lease rate is $1,348/Mo.
What are key features of this property?
This property features: Single office unit available for lease; Located in Elmira’s Central Business District; Building constructed in 1945
More about this property
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