Downtown Mixed-Use
For Sale
Contact for pricing
112 Lake St, Elmira, NY 14901
Mixed-use building featuring two street-level retail spaces and eight apartment units in downtown Elmira.
Property Size10,800 SF
Days on Market143
Property Features for 112 Lake St
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Multifamily, Office, Mixed Use
Additional Details
Opportunity Zone
Yes
Traffic Count
14,000 vehicles/day
Multifamily Units
8
Building Details
Tenancy
Multi
Listing Agency:
Warren Real Estate Elmira/Corning/Horseheads
Listed By:
Geno Costello · License #NY 10401328727
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 2:12PM
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 Warren Real Estate Elmira/Corning/Horseheads
Investment Insights
Based on property information with market context.
This mixed-use building offers two separate street-level retail spaces, each described as approximately 1,800 square feet, along with eight large apartment units totaling approximately 7,200 square feet.
The property is positioned in the heart of downtown Elmira at 112 Lake St. A pedestrian bridge is noted to let out near the building on Lake St, supporting strong day-to-day foot traffic. Public remarks also cite superb roadside visibility and a 14,000+ traffic count.
Additional nearby context mentioned includes West Water St Apartments, large capacity parking garages, First Arena, breweries, dining/night life, Elmira College, and local hospitals. The property may qualify for tax credit or development grants, per the seller’s remarks.
The property is positioned in the heart of downtown Elmira at 112 Lake St. A pedestrian bridge is noted to let out near the building on Lake St, supporting strong day-to-day foot traffic. Public remarks also cite superb roadside visibility and a 14,000+ traffic count.
Additional nearby context mentioned includes West Water St Apartments, large capacity parking garages, First Arena, breweries, dining/night life, Elmira College, and local hospitals. The property may qualify for tax credit or development grants, per the seller’s remarks.
Key Highlights
- Mixed‑use building in downtown Elmira with two separate street‑level retail spaces (about 1,800 SF each)
- 8 apartment units totaling about 7,200 SF
- Opportunity Zone location (per provided remarks)
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
14,000 VPD
Traffic count
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building featuring two street-level retail spaces and eight apartment units in downtown Elmira.
Where is this mixed-use property located?
The property is located at 112 Lake St Elmira, NY.
What are key features of this property?
This property features: Mixed‑use building in downtown Elmira with two separate street‑level retail spaces (about 1,800 SF each); 8 apartment units totaling about 7,200 SF; Opportunity Zone location (per provided remarks)
