Office Unit with
For Lease
$1,348/Mo
118 Lake Street, Elmira, NY 14901
CommercialLease, Elmira, NY
Space SizeContact for details
Lot Size0.28 Acres
Days on Market53
Property Features for 118 Lake Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CBD - Com
Zoning description
Commercial
Lot features
Flag Lot
Elementary school district
Elmira
Middle school district
Elmira
High school district
Elmira
Directions
Elmira: Corner of Lake St and Carroll St.
Subdivision
Elmira-City-070400
Standard status
Active
APN
070400-089-019-0007-035-000-0000
Size
1,661 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
7274
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1945
Floors in Building
3
Number of units
1
Building materials
Brick
Roof type
Rubber, Rolled Hot Mop, Membrane
Listing Agency:
Signature Properties
(607) 796-9817
Listed By:
Jeremy Drake · License #10401361665
(607) 207-7611
Added: Aug 14
Changed: Sep 16
Last Checked: Oct 5 at 10:06AM
MLS# R1707170
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 office unit provides 1661 square feet within a brick commercial building constructed in 1945. The owner will build out the space to suit the occupant’s needs, with plans for a fully renovated interior. Heating is provided by forced-air and natural-gas systems, while the building has a membrane, rubber, and rolled hot mop roof.
The property is in downtown Elmira’s Central Business District, offering a central commercial setting close to area amenities. It is served by public water and public sewer, supporting practical office occupancy and future interior customization.
The property is in downtown Elmira’s Central Business District, offering a central commercial setting close to area amenities. It is served by public water and public sewer, supporting practical office occupancy and future interior customization.
Key Highlights
- 1661 square feet of office space
- Owner will build out the office to suit occupant needs
- CBD - Com zoning
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Elmira, NY
$80.81 /SF/Yr
Avg Asking Price
$2.71–$297 /SF/Yr
Price Range
9,658 SF
Avg Space Size
This space is priced 88% below the average of $80.81 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - CBD-zoned office space with owner-led build-out options and public water and sewer service.
Where is this office units located?
The property is located at 118 Lake Street Elmira, NY.
What is the lease rate?
The lease rate is $1,348/Mo.
What are key features of this property?
This property features: 1661 square feet of office space; Owner will build out the office to suit occupant needs; CBD - Com zoning
