1051 S Main St Elmira, NY 14904
For Lease
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This exceptional Elmira, NY industrial property, the Southern Tier Commerce Center, offers a unique opportunity. Comprising approximately 373,000 rentable square feet across 48 acres, this Class B manufacturing campus boasts a rich history. Originally constructed during World War II by the U.S. Government for the production of the Norden bombsight, the main building, known as the "N-Plant," features robust construction. Its 18-inch thick steel-reinforced concrete roof exemplifies its durable design. The property offers multiple spaces available, ranging in size from 1,837 to 88,200 square feet, catering to diverse business needs. Strategically located, it enjoys convenient access to major transportation arteries. The Clemens Center Parkway (Route 14) is just 8/10 of a mile away, and Interstate 86 (former Route 17) is approximately 2.5 miles distant. Adding to its logistical advantages, the Norfolk Southern Rail line runs directly adjacent to the site. The property is zoned for industrial use and features a single-story building. This is a rare opportunity to acquire a substantial, historically significant industrial property with excellent infrastructure and accessibility.
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Hurricane Home Solutions Hardware & Home Improvement Building Supply
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
RT · 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.