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    1140 Sullivan St Elmira, NY 14901

    For Lease
    $4 SF/Yr

    Elmira, NY Creative Office Space

    Lot size:
    86,892 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 86,892 square foot creative office building in Elmira, NY, offers 10,700 square feet of immediately available space, divisible to a minimum of 3,100 square feet. The single-story building, zoned Light Industrial (APN 79.19-7-4), boasts a flexible design adaptable to various business needs. Multiple space configurations are possible, allowing for customization to suit specific requirements. The space is move-in ready, featuring a blend of private offices, open work areas, conference/training rooms, a break room, and restrooms. Abundant natural light streams in through numerous windows. Turnkey options include existing office furniture and cubicles. Convenient on-site parking is available at the front door. Lease rates are highly competitive, starting at $4.95 per square foot, NNN, with net and utility costs estimated at $2.00 per square foot. The owner is open to renovating the space into a flex/shop configuration, including the addition of an overhead door, to meet specific tenant needs. This prime location presents a unique opportunity for businesses seeking high-quality, adaptable office space in Elmira.

    Property Features for 1140 Sullivan St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,892 SF
    Total Rate
    35842.95

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    OFFICE SUITE 1
    Size
    10,700 SF
    Rate per SF
    $4
    Space
    Available Space 1
    Size
    5,400 SF
    Rate per SF
    $4

    HighLights

    • Former Emhart manufacturing facility.
    • Divisible suites ranging from 3,100 to 10,700+ square feet.
    • Central air conditioning throughout.
    • Convenient front door parking.
    • All utilities included.
    • Highly competitive lease rates and terms; estimated NNN charges of $2.00 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ABC Supply Co., ... Roofing Supply Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.802488495918
    Latitude
    42.109191352814

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    FAQs

    What type of property is this?
    Office space - Elmira, NY Creative Office Space
    Where is this office space located?
    The property is located at 1140 Sullivan St Elmira, NY.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Former Emhart manufacturing facility.; Divisible suites ranging from 3,100 to 10,700+ square feet.; Central air conditioning throughout.
    Request Owner's contact information
    1140 Sullivan St 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
    1140 Sullivan St Elmira, NY 14901
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