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    519 Erie St Elmira, NY 14904

    For Sale
    $150,000

    Bar for sale with parking and vacant lot.

    Lot size:
    0.42 Acres

    Property Features for 519 Erie St

    General Information

    Lot size
    0.42 Acres

    Building Details

    Year built
    1980

    Source: Keller Williams Realty Southern Tier & Finger Lakes Agent Montgomery Brockway

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

    Overview

    Affordable Bar Opportunity in Elmira

    This property presents an opportunity to own a bar in a comfortable setting. The location is situated right off Clemens Center Parkway, a main artery of Elmira. The property includes an attached parking lot, providing off-street parking. Additionally, an attached vacant lot offers potential for value-add opportunities such as outdoor games, a stage for music, or additional parking. The property is intended for use as a bar.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Erie Lounge Bar Boars nest tavern Bar

    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.

    Similar Places Nearby

    The Qountry Tavern, The Erie Lounge, Boars nest tavern, The Sand Bar, KEEFES TAVERN

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.7989658
    Latitude
    42.0791109

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    FAQs

    What type of property is this?
    Bar - Bar for sale with parking and vacant lot.
    Where is this bar located?
    The property is located at 519 Erie St Elmira, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Affordable opportunity to own and operate a bar.; - High-traffic location off Clemens Center Parkway.; - Attached parking lot provides ample off-street parking.
    (607) 398-1264
    Request Owner's contact information
    519 Erie St Elmira, NY 14904
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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
    519 Erie St Elmira, NY 14904
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