1011 College Ave Elmira, NY 14901
For Lease
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This exceptional retail opportunity is located at 1011 College Ave in Elmira, NY. The property is a 6,151 square foot strip center situated on a 0.8-acre lot, offering a prime location within a thriving community. Currently, 4,686 square feet of space is available for lease, divisible into units as small as 1,465 square feet, with a maximum contiguous space of 4,686 square feet. The property boasts 39 parking spaces, ensuring ample convenience for customers and employees. Its modern design and high visibility make it an ideal location for a variety of retail or service-based tenants. The property benefits from excellent signage and branding potential, allowing businesses to create a strong visual presence. Its convenient access to major roadways ensures easy accessibility for customers and employees alike. This is a rare opportunity to establish a business in a highly desirable location with strong community presence and significant foot traffic potential. The customizable floor plans offer flexibility to suit a range of business needs. Don't miss this chance to capitalize on this prominent location and become part of a bustling commercial community in the heart of Elmira.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BA1 · Elmira, NYElmira. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.