Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    202 14th St Elmira Heights, NY 14903

    • Theaters & concert halls
    • 7,746 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Nov 23, 2020
    Location Intelligence
    Property ID
    US63-3336207
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Theaters & concert halls

    Property Details for 202 14th St

    Year built
    1950
    Lot size
    0.23 lot acres
    Property size
    7,746 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Theaters & concert halls
    APN
    073403 69.17-5-31
    APU
    734036917531

    Description

    This exceptional 7,746 square foot, two-story commercial property, located at 202 E 14th St, Elmira Heights, NY 14903, presents a unique investment opportunity. Currently vacant, this Class B building, previously operating as the Heights Theater, sits on a 0.23-acre lot (APN 69.17-5-31) and is zoned C-1 Business, allowing for diverse uses. The asking price is $195,000, translating to $25.17 per square foot. The building's rich history as a movie theater offers a strong foundation for a variety of ventures. Its large stage and ample space are ideal for a restaurant, brew pub, bar, or retail establishment, in addition to its original purpose. The property's prominent location within the Elmira Heights Business District ensures high visibility and accessibility. While the building is currently vacant, its potential is undeniable, making it an attractive proposition for savvy investors seeking a high-impact project. Separate negotiations can be made for the purchase of existing equipment. This is a chance to revitalize a landmark property and capitalize on its significant potential within a thriving community. The property's previous occupancy was 684.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $315,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $375,000
      Mixed-Use
      $355,000
      Hospitality
      $315,000
      Educational
      $325,000
      Residential Income
      $370,000
      Energy
      $375,000
      Income-Based Land
      $285,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Elmira Heights
    County
    Chemung
    State
    New York
    Longitude
    -76.8228
    Latitude
    42.1293
    CBSA code
    21300
    CBSA name
    ELMIRA, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $32,100
    $139,200
    $171,300
    -
    $32,424
    $140,606
    $173,030

    Comparable in this City

    • Value Estimation
      $270,000
      13,112 SF

      39 Philo W Rd

      RECREATIONAL, ENTERTAINMENT • 13,112 SF
      39 Philo W Rd, Elmira, NY 14903-9754
      View Details
    • Value Estimation
      $340,000
      2,737 SF

      557 Harris Hl Rd

      AMUSEMENT PARK • 2,737 SF
      557 Harris Hl Rd, Elmira, NY 14903-9205
      View Details
    • Value Estimation
      $245,000
      37,256 SF

      2446 Corning Rd

      BOWLING ALLEY • 37,256 SF
      2446 Corning Rd, Elmira, NY 14903-1044
      View Details
    • Value Estimation by Request
      7.36 Acres

      89 Fisherville Rd

      Land • 7.36 Acres
      89 Fisherville Rd, Elmira, NY 14903
      View Details
    • Value Estimation by Request

      Elmira, NY 14903

      SBE - SPECIAL ASSESSMENTS
      Elmira, NY 14903
      View Details
    • Value Estimation by Request
      0.22 Acres

      424 Mccanns Blvd

      VACANT COMMERCIAL LAND • 0.22 Acres
      424 Mccanns Blvd, Elmira, NY 14903-1943
      View Details

    Similar Nearby for Sale

    • $169,900
      7,746 SF

      Heights Theater For Sale

      Theater with equipment for films and plays in place.
      202-210 E 14Th St, Elmira Heights, NY 14903
      View Details
    • $655,000
      6,250 SF

      Elmira Restaurant - $655,000

      Prime Retail Opportunity: 6,250 SF Restaurant
      2447 Corning Rd, Elmira, NY 14903
      View Details
    • $2,950,000
      7.36 Acres

      Elmira Commercial Land - $2.95M

      7.36-acre commercial lot, ideal for development.
      89 Fisherville Rd, Elmira, NY 14903
      View Details
    • $1,389,000
      57,000 SF

      Elmira Industrial Building - $1.39M

      57,000 SF Warehouse, Excellent Location
      2070 Lake Rd, Elmira, NY 14903
      View Details
    • $39,900
      0.45 Acres

      Residential Lot in Quiet Neighborhood

      0.45 acre lot suitable for building a home.
      217 Lancelot Dr, Elmira, NY 14903
      View Details
    • Contact for pricing
      0.44 Acres

      Elmira Building Lot For Sale

      Residential land for sale in a convenient location, Elmira, NY.
      114 Nottingham Way, Elmira, NY 14903
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      174,758 SF

      Big Flats Retail Center Investment

      High-traffic retail spaces available.
      830 County Road 64, Elmira, NY 14903
      View Details
    • $1,950 /Mo

      Prescott Avenue Specialty Property

      Specialty property available for rent in Horseheads, NY.
      217 Prescott Ave, Elmira, NY 14903
      View Details
    • $51 SF/Yr
      102,986 SF

      Victory Business Center: Industrial Space

      Multiple Manufacturing Spaces Available Now
      340 Upper Oakwood Ave, Elmira, NY 14903
      View Details
    • $1,000 /Mo
      825 SF

      Modern Office Space in Elmira

      Office space for rent featuring reception, offices, and storage.
      170 North Park Ln, Elmira, NY 14903
      View Details
    • Contact for pricing
      36,123 SF

      Prime Elmira Retail Space

      New Build-to-Suit, 36,123 SF Available
      2446 Corning Rd, Elmira, NY 14903
      View Details
    • Contact for pricing
      290,981 SF

      Elmira, NY Retail & Office Opportunity

      Prime Elmira location, multiple spaces available.
      1025 County Road 64, Elmira, NY 14903
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    202 14th St
    Elmira Heights, NY 14903
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.