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    450 Church St Elmira, NY 14901

    Sponsored
    For Sale
    $89,000

    1,112 SF Office w/ Garage - $89K

    Property size:
    1,112 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This charming 1,112-square-foot office building, constructed in 1940, presents a fantastic opportunity for a small business or investor. Located at 450 E Church St in Elmira, NY (zip code 14901), this single-story traditional office building sits on a 0.05-acre lot and offers high visibility. The property includes two private offices, a restroom, and a convenient one-car garage, providing ample space for both work and storage. The building features a newer roof and energy-efficient ductless mini-split heating and cooling systems, minimizing maintenance and operational costs. The asking price is $89,000, translating to a price per square foot of $80.04. The property also offers a couple of off-street parking spaces, providing convenience for employees and clients. This is an ideal location for a business seeking a well-maintained, functional space in a highly visible area of Elmira, Chemung County, New York. The property's combination of features and its attractive price point make it a compelling investment opportunity.

    Property Features for 450 Church St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,112 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1940
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Issa Vibe NY Clothing Store A C Auto Seatcover ... Auto Upholsterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.8008879
    Latitude
    42.0918305

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    FAQs

    What type of property is this?
    Office Property / Space - 1,112 SF Office w/ Garage - $89K
    Where is this office property / space located?
    The property is located at 450 Church St Elmira, NY.
    What is the asking price?
    The asking price for this property is $89,000.
    Request Owner's contact information
    450 Church St Elmira, NY 14901
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    Elmira, NY 14901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 Church St Elmira, NY 14901
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