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Versatile Commercial Property in Elmira
For Sale
$154,900
Pending

357 E 5th St, Elmira, NY 14901

Corner-lot building with flexible space for professional, retail, or service-based use.

Property Size4,400 SF
Lot Size0.22 Acres
Days on Market164

Property Features for 357 E 5th St

General Information

Standard status Pending
Size 4,400 SF
Lot size 0.22 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,826

Building Details

Building Size 4,400 SF
Year Built 1960
Stories 2
Listing Agency: Cowanesque Lake Realty, LLC
Listed By: Karen Hackett · License #RB069420
Source: Elliman
Added: Mar 10 Changed: Aug 16 Last Checked: Aug 14 at 6:03AM

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 Cowanesque Lake Realty, LLC

Investment Insights

Based on property information with market context.

Located on a corner lot at 357 E Fifth Street in Elmira, this commercial property offers over 4,000 sq ft of versatile space suitable for professional, retail, or service-based use. The building features six office spaces and a layout that can be reconfigured or transformed to support multiple uses, allowing buyers to tailor the space to their needs. The property provides excellent visibility, convenient access, and ample on-site parking. Flexible acquisition options may be available. The seller may consider seller financing at 6% interest or a lease option for qualified buyers, with terms subject to seller approval.

Key Highlights

  • Over 4,000 sq ft of versatile space suitable for professional, retail, or service‑based use.
  • Prime corner‑lot location with excellent visibility and convenient access.
  • Ample on‑site parking for staff and clients.

Property Analytics

Current Use

CPE InterLink Security Service

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Auto Parts Store HVAC Service Big Box & Wholesale 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

974
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Corner-lot building with flexible space for professional, retail, or service-based use.
Where is this office units located?
The property is located at 357 E 5th St Elmira, NY.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Over 4,000 sq ft of versatile space suitable for professional, retail, or service‑based use.; Prime corner‑lot location with **excellent visibility and convenient access.**; Ample on‑site parking for staff and clients.
More about this property
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