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Corner Office Suite with Storage
New
For Lease
$1,100/Mo

642 W Water Street, Elmira, NY 14905

COMMERCIAL - Elmira, NY

Property Size4,871 SF
Lot Size0.06 Acres
Days on Market3

Property Features for 642 W Water Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning com
Zoning description Commercial
Parking 1
Lot features Rectangular, Rectangular Lot
Elementary school district Elmira
Middle school district Elmira
High school district Elmira
Directions Northeast corner of Hoffman/Water st. intersection
Subdivision Elmira-City-070400
Standard status Active
APN 070400-099-006-0001-060-000-0000
Size 4,871 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 3777

Utilities

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

Building Details

Year built 1950
Floors in Building 1
Building materials AtticCrawlHatchwaysInsulated
Roof type Shingle
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Charles Cerio · License #10401363210
Added: Jul 29 Last Checked: Jul 31 at 7:06AM
MLS# R1700694

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.

A large commercial office space available on a highly visible corner. The layout includes an expansive open concept area plus three office rooms and three storage rooms. There are three entrances, supporting flexible access to the suite.

The property is located on a main artery in Elmira, with visibility and high traffic exposure noted in the listing. The neighborhood borders West Elmira.

This space is approximately 1,400 square feet and is presented for lease. The lessor is a licensed real estate agent.

Key Highlights

  • Approximately 1,400 sq ft commercial space on a high‑traffic corner on Elmira’s main artery
  • Includes 3 office rooms, 3 storage rooms, and an expansive open concept area
  • Features 3 entrances for flexible access and layout options

Property Analytics

Current Use

American Capital RE, ... Property Management Company

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service Nail Salon Building Supply HVAC Service

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

NNN (Triple Net)
Lease Type
$0.41 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

430
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

Market

Lease Benchmarks for Elmira, NY

$7.08 /SF/Yr
Avg Asking Price
$2.42–$12 /SF/Yr
Price Range
15,038 SF
Avg Space Size

This space is priced 62% below the average of $7.08 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Corner commercial office space with an open area, multiple private rooms, and storage rooms.
Where is this office units located?
The property is located at 642 W Water Street Elmira, NY.
What is the lease rate?
The lease rate is $1,100 /Mo.
What are key features of this property?
This property features: Approximately 1,400 sq ft commercial space on a high‑traffic corner on Elmira’s main artery; Includes 3 office rooms, 3 storage rooms, and an expansive open concept area; Features 3 entrances for flexible access and layout options
More about this property
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