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Mixed-Use Property with Apartment
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642 W Water Street, Elmira, NY 14905

The commercial space has an open area, three offices, three storage rooms, and three separate entrances.

Property Size4,871 SF
Price / SF$0.23
Days on Market4

Property Features for 642 W Water Street

General Information

Standard status Active
Size 4,871 SF
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Charles Cerio · License #10401363210
Source: Nicholcityrealty
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 14 at 10:41PM

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 Keller Williams Realty Southern Tier & Finger Lakes

Investment Insights

Based on property information with market context.

A commercial space with a four-bedroom apartment upstairs offers a mixed-use configuration. The commercial level includes three office rooms, three storage rooms, three entrances, and a large open-concept area. The approximately 1,400-square-foot space is positioned on a corner along Elmira’s main artery, near the West Elmira neighborhood boundary.

The apartment can support a live-work arrangement or serve as additional office space. The property is located at 642 W Water Street in Elmira City.

Key Highlights

  • Approximately 1,400 sq ft of commercial space
  • Upstairs apartment with 4 bedrooms
  • Commercial area includes 3 office rooms and 3 storage rooms

Property Analytics

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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.

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
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 - The commercial space has an open area, three offices, three storage rooms, and three separate entrances.
Where is this mixed-use property located?
The property is located at 642 W Water Street Elmira, NY.
What are key features of this property?
This property features: Approximately 1,400 sq ft of commercial space; Upstairs apartment with 4 bedrooms; Commercial area includes 3 office rooms and 3 storage rooms
More about this property
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