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124 Lake Street, Elmira, NY 14901

Single-office commercial space with a planned build-to-suit renovation in a central business district.

Property Size1,782 SF
Price / SF$0.81
Days on Market2

Property Features for 124 Lake Street

General Information

Standard status Active
Size 1,782 SF
Listing Agency: Signature Properties
Listed By: Jeremy Drake · License #10401361665
Source: Nicholcityrealty
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 22 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties

Investment Insights

Based on property information with market context.

This 1,782-square-foot office unit is configured as a single commercial office space. The owner will build out the premises to suit the occupant’s needs, with a fully renovated finish planned as part of the work.

The property is at 124 Lake Street in Elmira City, New York, within the city’s Central Business District and near downtown amenities. Its location supports businesses seeking an office presence in a central urban setting.

Key Highlights

  • 1,782‑square‑foot single‑office commercial space
  • Owner will build out the premises to suit the occupant’s needs
  • Fully renovated space planned

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.

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

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
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Frequently Asked Questions

What type of property is this?
Office units - Single-office commercial space with a planned build-to-suit renovation in a central business district.
Where is this office units located?
The property is located at 124 Lake Street Elmira, NY.
What are key features of this property?
This property features: 1,782‑square‑foot single‑office commercial space; Owner will build out the premises to suit the occupant’s needs; Fully renovated space planned
More about this property
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