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    114 W Water St Elmira, NY 14901

    For Lease
    $16 SF/Yr ($2,000 /Mo)

    Modern 1,500 SF space suitable for office, retail, or service.

    Property size:
    1,500 SF
    Lot size:
    1.00 Acres

    Property Features for 114 W Water St

    General Information

    Size
    1,500 SF
    Lot size
    1.00 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira Agent Ronald Panosian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elmira Office/Retail Space Available

    This 1,500 square foot space offers a modern feel with polished concrete floors, abundant natural light, and high ceilings. The open floor plan is currently configured for office use but could be converted to retail, service, or hospitality purposes. The property features tremendous street front visibility and ample parking in the rear. An outdoor patio seating area is available. The location is near Five Star Bank, Wells Fargo, and LaBella Associates. Attractive lease rates are offered.
    Location Intelligence

    Current Use by Public Records

    Office 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
    -76.8057525
    Latitude
    42.0879303

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    FAQs

    What type of property is this?
    Office space - Modern 1,500 SF space suitable for office, retail, or service.
    Where is this office space located?
    The property is located at 114 W Water St Elmira, NY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Tremendous street front visibility in a premier location with established businesses.; - Flexible open floor plan easily convertible to retail, service, or hospitality uses.; - Modern feel with polished concrete floors, loads of natural light, and high ceilings.
    (607) 426-5282
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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
    114 W Water St Elmira, NY 14901
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