Build-to-Suit Office
For Lease
$1,447/Mo
124 Lake Street, Elmira, NY 14901
CommercialLease, Elmira, NY
Space SizeContact for details
Lot Size0.28 Acres
Days on Market53
Property Features for 124 Lake Street
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CBD -COM1
Zoning description
Commercial
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
1,782 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
7274
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1945
Floors in Building
3
Number of units
1
Building materials
Brick
Roof type
Rubber, Flat, Rolled Hot Mop, Membrane
Listing Agency:
Signature Properties
(607) 796-9817
Listed By:
Jeremy Drake · License #10401361665
(607) 207-7611
Added: Aug 14
Changed: Sep 16
Last Checked: Oct 5 at 10:06AM
MLS# R1707181
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 1,782 square feet within a brick commercial building constructed in 1945. The owner will build out the space to support a fully renovated office environment tailored to the occupant’s needs. Natural gas forced-air heating, a flat membrane roof, and public water and sewer serve the property.
The property is located at 124 Lake Street in downtown Elmira, within the city’s Central Business District. Its zoning is CBD -COM1, placing the space within a defined central commercial setting. The approximately 0.2796-acre parcel provides the setting for this single-office configuration and its planned improvements.
The property is located at 124 Lake Street in downtown Elmira, within the city’s Central Business District. Its zoning is CBD -COM1, placing the space within a defined central commercial setting. The approximately 0.2796-acre parcel provides the setting for this single-office configuration and its planned improvements.
Key Highlights
- 1,782 square feet of office space
- Owner will build out a fully renovated office configuration
- CBD -COM1 zoning in Elmira’s Central Business District
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,271
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space in Elmira’s Central Business District with owner-supported renovation planning.
Where is this office units located?
The property is located at 124 Lake Street Elmira, NY.
What is the lease rate?
The lease rate is $1,447/Mo.
What are key features of this property?
This property features: 1,782 square feet of office space; Owner will build out a fully renovated office configuration; CBD -COM1 zoning in Elmira’s Central Business District
