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Two-Building Restaurant Property
New
For Sale
$94,900

414-416 W Washington Ave, Elmira, NY 14901

Restaurant space with a commercial kitchen, walk-in cooler, open dining area, and a separate mixed-use building.

Property Size4,080 SF
Price / SF$23.26
Days on Market2

Property Features for 414-416 W Washington Ave

General Information

Standard status Active
Size 4,080 SF

Building Details

Year Built 1925
Listing Agency: Howard Hanna Horseheads
Listed By: Nicholas Magera · License #10401326121
Source: Skinnercnyrealty
Added: Sep 10 Last Checked: Sep 10 at 2:45PM

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 Howard Hanna Horseheads

Investment Insights

Based on property information with market context.

This restaurant property includes two buildings totaling 4,080 SF. The primary building has an open dining area, commercial kitchen, walk-in cooler, and additional equipment. Rear parking serves staff, customers, or tenants.

The second building is brick construction with an open commercial storefront on the ground level and a vacant three-bedroom apartment above. The storefront can support retail, office, or additional restaurant seating. The property is located at 414-416 W Washington Ave in Elmira, near other restaurants, shops, and local amenities, and minutes from downtown.

Key Highlights

  • Two‑building restaurant property totaling 4,080 SF
  • Open dining area with commercial kitchen and walk‑in cooler
  • Additional equipment included with the restaurant property

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Bakery Barber Shop Home Appliance 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

324
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 61% Superstores 22% Dining 14% Shops & Services 3%
Wegmans Groceries
53,434 visits/mo 0.3 miles
Big Lots Superstores
19,270 visits/mo 0.2 miles
Burger King Dining
11,904 visits/mo 0.1 miles
Dollar General Shops & Services
2,595 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with a commercial kitchen, walk-in cooler, open dining area, and a separate mixed-use building.
Where is this conventional restaurant located?
The property is located at 414-416 W Washington Ave Elmira, NY.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Two‑building restaurant property totaling 4,080 SF; Open dining area with commercial kitchen and walk‑in cooler; Additional equipment included with the restaurant property
More about this property
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