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Brick Office Unit
New
For Lease
$1,063/Mo

120 Lake Street, Elmira, NY 14901

COMMERCIAL - Elmira, NY

Space SizeContact for details
Lot Size0.28 Acres
Days on Market1

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 Rolled Hot Mop, Flat
Listing Agency: Signature Properties
Listed By: Jeremy Drake · License #10401361665
Added: Aug 14 Last Checked: Aug 14 at 4:06PM
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 office unit offers 1,310 square feet within a brick commercial building constructed in 1945. The property includes a basement, flat rolled hot-mop roofing, forced-air heating, and natural gas service. Public water and public sewer are available.

Located at 120 Lake Street in downtown Elmira, the property is situated within the Central Business District and carries CBD - COM1 zoning. The office is available for lease and provides a dedicated commercial setting for a single-office user.

Key Highlights

  • 1,310‑square‑foot office unit
  • Located in downtown Elmira at 120 Lake Street
  • CBD - COM1 zoning in the Central Business District

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
$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

Market

Lease Benchmarks for Elmira, NY

$6.21 /SF/Yr
Avg Asking Price
$2.42–$12 /SF/Yr
Price Range
27,206 SF
Avg Space Size

This space is priced 57% above the average of $6.21 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Single office space within Elmira’s Central Business District, with public water and sewer service.
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‑foot office unit; Located in downtown Elmira at 120 Lake Street; CBD - COM1 zoning in the Central Business District
More about this property
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