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Build-to-Suit Office Unit
For Lease
$1,063/Mo

120 Lake Street, Elmira, NY 14901

CommercialLease, Elmira, NY

Space SizeContact for details
Lot Size0.28 Acres
Days on Market50

Property Features for 120 Lake Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CBD - COM1
Zoning description Commercial
Rooms Basement
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 1,310 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 7274

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1945
Floors in Building 3
Number of units 1
Building materials Brick
Roof type Flat, Rolled Hot Mop
Listing Agency: Signature Properties
Listed By: Jeremy Drake · License #10401361665
Added: Aug 14 Changed: Sep 12 Last Checked: Oct 2 at 5:06AM
MLS# R1707174

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 1,310-square-foot office unit occupies a 1945 brick building and includes basement space. The owner will build out the premises to support a fully renovated configuration tailored to the occupant’s needs. Heating is provided by forced-air natural gas, with a flat rolled hot mop roof serving the structure.

The property is located at 120 Lake Street in Elmira’s Central Business District and benefits from public water and public sewer service. Its CBD - COM1 zoning provides a defined commercial setting for office use. The downtown location places the space near the amenities and services associated with the central business district.

Key Highlights

  • 1,310 square feet of office space
  • Owner will build to suit a fully renovated office configuration
  • CBD - COM1 zoning in Elmira’s Central Business District

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Storage Facility 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
$1.46 /SF/Yr
CAM

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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 - CBD-zoned workspace with public water and sewer service in a downtown commercial setting.
Where is this office units located?
The property is located at 120 Lake Street Elmira, NY.
What is the lease rate?
The lease rate is $1,063/Mo.
What are key features of this property?
This property features: 1,310 square feet of office space; Owner will build to suit a fully renovated office configuration; CBD - COM1 zoning in Elmira’s Central Business District
More about this property
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