Search
Remodeled Restaurant with Full Bar
For Sale
$350,000

500 S Main Street, Elmira, NY 14904

COMMERCIAL - Elmira, NY

Property Size8,761 SF
Lot Size0.24 Acres
Price / SF$39.95
Days on Market272

Property Features for 500 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning BA
Zoning description Commercial
Rooms Basement
Parking 10
Parking features Offsite
Lot features Irregular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions From West Water Street, take South Main Street. The property is located on the corner of South Main Street and Franklin Street.
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-011-0010-015-001-0000
Size 8,761 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 10516

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1912
Floors in Building 1
Number of units 1
Flooring type Carpet, Concrete
Building materials Frame, Masonry, WoodSiding
Roof type Metal
Listing Agency: Howard Hanna Elmira
Listed By: Arthur D. Ambrose · License #30AM1081022
Added: Nov 14, 2025 Changed: Aug 4 Last Checked: Aug 13 at 3:06AM
MLS# R1651010

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 remodeled restaurant is offered for sale with the building, land, and operating business. The property features a restaurant and kitchen completely remodeled in 2015, with two dining rooms, dining booths, and a full bar setup with stools and a service bar. Handicap restrooms are included, along with outside patio seating for summer dining. Total seating capacity is approximately 300, and the business is described as fully operational and operating as usual until a new buyer takes over.

The sale also includes a 64' x 120' vacant lot that adjoins the restaurant for additional parking, located at 505 Pennsylvania Avenue. The property is located at 500 S Main Street in Elmira, in Chemung County, zoned BA. Parking is described as offsite.

The structure is described as frame, masonry, and wood siding, with a metal roof. Heating is natural gas with forced air, and cooling is central air. Additional building details include public water, public sewer, carpet and concrete flooring, and a year built of 1912. The sale includes furniture, all kitchen equipment, fixtures, and inventory; artwork is not included.

Key Highlights

  • Completely remodeled restaurant and kitchen in 2015 with two dining rooms and dining booths
  • Full bar setup with stools, plus a service bar, with handicap restrooms
  • Outside patio seating for summer dining and total seating capacity for approximately 300

Property Analytics

Current Use

Bernie Murray's Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 98% Electronics 2%
Dollar Tree Shops & Services
13,672 visits/mo 0.5 miles
Byrne Dairy Shops & Services
12,619 visits/mo 0.1 miles
Dollar General Shops & Services
8,537 visits/mo 0.1 miles
Kwik Fill Shops & Services
6,734 visits/mo 0.5 miles
AutoZone Shops & Services
3,912 visits/mo 0.4 miles

Demographics for 14904, NY

15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Remodeled restaurant with two dining rooms, full bar setup, and central air, operating as usual for a new owner.
Where is this conventional restaurant located?
The property is located at 500 S Main Street Elmira, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Completely remodeled restaurant and kitchen in 2015 with two dining rooms and dining booths; Full bar setup with stools, plus a service bar, with handicap restrooms; Outside patio seating for summer dining and total seating capacity for approximately 300
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message