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Mixed-Use Property with Garage
New
For Sale
$174,900

640 W Gray St, Elmira, NY 14905

Corner-site building combines office areas, private rooms, an apartment, garage access, and off-street parking.

Property Size4,288 SF
Price / SF$40.79
Days on Market2

Property Features for 640 W Gray St

General Information

Standard status Active
Size 4,288 SF
Property subtype Commercial
Zoning BA

Taxes and HOA fees

Annual Taxes $9,070

Amenities

handicap accessible

Building Details

Building Size 4,288 SF
Year Built 1960
Buildings 1
Stories 2
Listing Agency: RealtyUSA.com
Listed By: Leonard Ostrander · License #10401387515
Source: Elliman
Added: Sep 11 Last Checked: Sep 12 at 7:39AM

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 RealtyUSA.com

Investment Insights

Based on property information with market context.

Built in 1960, this 4,288-square-foot mixed-use building at 640 W Gray Street includes open interior areas, several private rooms suitable for offices, and a two-bedroom apartment on the second floor. An attached three-car garage adds covered vehicle and storage capacity, while handicap accessibility supports broader day-to-day use. The roof was replaced in 2024.

The property occupies the corner of W Gray and Hoffman Streets in Elmira, with the additional parking lot at 638 W Gray Street included. BA zoning supports commercial, office, professional, or mixed-use applications subject to municipal approval. The site is car-dependent, with a Walk Score of 2 and Bike Score of 3.

Key Highlights

  • 4,288‑square‑foot mixed‑use building with open areas and multiple private rooms/offices
  • Second‑floor 2‑bedroom apartment
  • Attached 3‑car garage

Property Analytics

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Current Use

Baker Family Funeral ... Social Service Agency

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Building Supply

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

310
Businesses Nearby

Demographics for 14905, NY

8,645
Population
4,303
Households
2
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
2,336
Density / Sq Mi
$85,888
Median Household Income
$44,209
Median Earnings
$1,112
Median Rent
$169,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-site building combines office areas, private rooms, an apartment, garage access, and off-street parking.
Where is this mixed-use property located?
The property is located at 640 W Gray St Elmira, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 4,288‑square‑foot mixed‑use building with open areas and multiple private rooms/offices; Second‑floor 2‑bedroom apartment; Attached 3‑car garage
More about this property
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