161 Prescott Ave Elmira Hts, Elmira, NY 14903
This exceptional commercial lease opportunity presents a 3,670 square-foot restaurant space located in Suite 1 of the historic Ward LaFrance building in Elmira Heights, New York. Previously a Papa John's, this turnkey property is ideally suited for a variety of culinary ventures, including pizzerias, full-service restaurants, catering businesses, or even a culinary teaching space. The space boasts a large, clean kitchen featuring ample prep space, triple sinks with automated soap and disinfectant dispensers, multiple hand wash stations, and a Middleby Marshall dual pizza oven with overhead hood. A substantial walk-in cooler with dual entrances ensures efficient food storage. The dining area comfortably seats 45 patrons. Additional features include a spacious lobby, two restrooms, water fountains, and a wet utility closet. Situated on 1.69 acres of land in a commercially zoned area of Chemung County (zip code 14903), the property offers convenient access to other businesses and amenities, along with ample parking. This ready-to-occupy space provides an excellent foundation for a thriving food-related enterprise. The property is located at 161 Prescott Ave, Elmira Heights, NY.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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