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    2447-2451 Corning Rd Elmira, NY 14903

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    For Sale
    $655,000

    Former restaurant with large parking and high visibility.

    Property size:
    6,250 SF
    Lot size:
    2.04 Acres

    Property Features for 2447-2451 Corning Rd

    General Information

    Size
    6,250 SF
    Lot size
    2.04 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

    Restaurant Building on 2+ Acres

    The property features a former restaurant building of approximately 6,250 square feet. It includes a large open floor plan with an adjoining banquet or meeting room. The property has 230 feet of frontage on New York State Route 14. The site consists of two parcels totaling over 2 acres. A paved parking lot accommodates 84 cars, with room for expansion on the adjoining lot. A large roadside pylon sign provides visibility along the primary north-south commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.834086
    Latitude
    42.149157

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with large parking and high visibility.
    Where is this restaurant located?
    The property is located at 2447-2451 Corning Rd Elmira, NY.
    What is the asking price?
    The asking price for this property is $655,000.
    What are key features of this property?
    This property features: - Tremendous visibility along primary north/south commercial corridor; - Approx. 6,250 sf building with 230’ of frontage on nys rt. 14; - Paved parking lot for 84 cars with room for expansion on adjoining lot
    (607) 426-5282
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    2447-2451 Corning Rd Elmira, NY 14903
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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
    2447-2451 Corning Rd Elmira, NY 14903
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