2070 Lake RdElmira, NY 14903

For Sale
$1,389,000

57,000 SF Warehouse, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 57,000-square-foot industrial property, located at 2070 Lake Road in Elmira, New York (zip code 14903), presents a compelling investment opportunity. Currently vacant, this Class B building, constructed between 1947 and 1976, sits on a 3-acre lot and offers a versatile layout ideal for various uses. The property features one single-story building with four at-grade doors and two loading docks, making it highly functional for distribution and warehousing operations. The interior includes ample office space, a substantial warehouse area, a dedicated shop area (currently under separate lease), and additional garage space. The building is zoned for business use and has a history of serving as both a warehouse and retail space for a building supply company. Its prime location on Lake Road, just minutes from I-86, ensures high visibility and convenient access to major transportation routes. The asking price is $1,389,000, translating to $24.37 per square foot. This presents a rare chance to acquire a well-situated, spacious industrial property with significant potential for diverse business applications. The high-traffic location and flexible space make this an ideal owner-user opportunity or a strong investment for multi-tenant occupancy. The existing lease on the shop area provides immediate income potential.

Highlights

  • 57,000 SF industrial building on 3 acres in Elmira, NY (14903).
  • Class B building, built 1947-1976, currently vacant.
  • Features four at-grade doors and two loading docks.
  • Includes office space, warehouse, shop area (under separate lease), and garage space.
  • $1,389,000 asking price ($24.37/SF), prime Lake Road location near I-86.

Property Details for 2070 Lake Rd

Property type
Other warehouses, Other industrial properties
Square Feet
57,000 SF
Class
B
Year Built
1947
Buildings
1
Stories
1
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Elmira
County
Chemung
State
New York
Latitude
42.1282686
Longitude
-76.8100136
2070 Lake Rd, Elmira, New York
Leaflet | © OpenStreetMap contributors

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2070 Lake Rd
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