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Remodeled Restaurant with Patio
For Sale
$350,000

500 S Main Street, Elmira, NY 14904

Operating restaurant with two dining rooms, full bar service, outdoor seating, and included kitchen equipment and furnishings.

Property Size8,761 SF
Price / SF$39.95
Days on Market37

Property Features for 500 S Main Street

General Information

Standard status Active
Size 8,761 SF
Property subtype CommercialSale
Listing Agency: Howard Hanna Elmira
Listed By: Arthur D. Ambrose · License #30AM1081022
Source: Nicholcityrealty
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 5:34PM

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 Elmira

Investment Insights

Based on property information with market context.

This operating restaurant includes the building, land, business, furniture, kitchen equipment, fixtures, and inventory. The interior was remodeled in 2015 and is arranged with two dining rooms, dining booths, a full bar with stools, and a separate service bar. Handicap-accessible restrooms and outdoor patio seating expand the facility’s dining layout, with total seating for approximately 300 guests.

The property is located at 500 S Main Street in Elmira City, NY, and includes an adjoining vacant 64’ x 120’ lot at 505 Pennsylvania Avenue. The additional parcel provides space for parking. Artwork is excluded from the sale, while the restaurant remains in operation until a new buyer takes over.

Key Highlights

  • Remodeled restaurant and kitchen completed in 2015
  • Approximately 300 seats across two dining rooms, booths, bar seating, and patio seating
  • Full bar with stools plus a separate service bar

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.

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with two dining rooms, full bar service, outdoor seating, and included kitchen equipment and furnishings.
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: Remodeled restaurant and kitchen completed in 2015; Approximately 300 seats across two dining rooms, booths, bar seating, and patio seating; Full bar with stools plus a separate service bar
More about this property
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