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

640 W Gray Street, Elmira, NY 14905

CommercialSale, Elmira, NY

Property Size4,288 SF
Lot Size0.20 Acres
Price / SF$40.79
Days on Market2

Property Features for 640 W Gray Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning BA
Zoning description Business
Parking 20
Accessibility Accessible Approach with Ramp
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 070400-099-006-0001-030-000-0000
Size 4,288 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 9070

Utilities

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

Building Details

Year built 1960
Floors in Building 2
Flooring type Carpet
Building materials Brick
Roof type Shingle
Listing Agency: Howard Hanna Horseheads
Listed By: Leonard Ostrander · License #10401387515
Added: Sep 9 Last Checked: Sep 10 at 7:06PM
MLS# R1713376

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.

Located at 640 W Gray Street, this 4,288-square-foot mixed-use building includes open areas, multiple private rooms or offices, a second-floor two-bedroom apartment, and an attached three-car garage. The property is brick-built, dates to 1960, and includes carpeted flooring, central air, forced-air natural gas heating, public sewer, and a shingle roof installed in 2024. An accessible approach with ramp supports entry.

The building occupies a 0.1971-acre site at the corner of W Gray and Hoffman Streets. Additional parking is included at 638 W Gray Street, providing off-street parking for the property. BA zoning supports commercial, office, professional, or mixed-use applications subject to municipal approval.

Key Highlights

  • 4,288‑square‑foot mixed‑use building at 640 W Gray Street
  • Second‑floor two‑bedroom apartment plus multiple private rooms or offices
  • Attached three‑car garage and additional parking lot at 638 W Gray Street

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.

Lease Details

Yes
Paved road access

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - BA-zoned corner property combining office areas, private rooms, an apartment, and off-street parking.
Where is this mixed-use property located?
The property is located at 640 W Gray Street 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 at 640 W Gray Street; Second‑floor two‑bedroom apartment plus multiple private rooms or offices; Attached three‑car garage and additional parking lot at 638 W Gray Street
More about this property
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