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Mixed-Use Property with Restaurant Space
New
For Sale
$94,900

414-416 W Washington Avenue, Elmira, NY 14901

CommercialSale, Elmira, NY

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

Property Features for 414-416 W Washington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Zoning description Commercial
Parking 6
Lot features Rectangular, Rectangular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Subdivision Elmira-City-070400
Standard status Active
APN 89.10-3-25
Size 4,080 SF

Taxes and HOA fees

Tax Annual Amount 6705

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Amenities

spacious open dining area
commercial kitchen
walk-in cooler

Building Details

Year built 1925
Floors in Building 2
Number of units 3
Roof type Rubber, Membrane, Shingle
Listing Agency: Howard Hanna Horseheads
Listed By: Nicholas Magera · License #10401326121
Added: Sep 8 Last Checked: Sep 9 at 4:06AM
MLS# R1712925

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 4,080-square-foot mixed-use property includes two buildings with varied commercial and residential components. The restaurant building offers an open dining area, commercial kitchen, and walk-in cooler, along with equipment included in the sale. A second brick building provides an open storefront on the ground floor and a three-bedroom apartment above. Rear parking serves staff, customers, or tenants.

The property is located at 414-416 W Washington Avenue in Elmira, near downtown and surrounded by restaurants, shops, and local amenities. Public water and public sewer serve the property, with baseboard and natural-gas heating. The buildings date to 1925 and have membrane, shingle, and rubber roofing. Commercial zoning is identified as Com.

Key Highlights

  • 4,080‑square‑foot mixed‑use property with two buildings
  • Restaurant space includes an open dining area, commercial kitchen, and walk‑in cooler
  • Second building has a ground‑floor commercial storefront

Property Analytics

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

644
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
7,751 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

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?
Mixed-use property - Two-building commercial property with restaurant improvements, storefront space, and a three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 414-416 W Washington Avenue 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: 4,080‑square‑foot mixed‑use property with two buildings; Restaurant space includes an open dining area, commercial kitchen, and walk‑in cooler; Second building has a ground‑floor commercial storefront
More about this property
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