601-603 Church St, Elmira, NY 14901
This 8,934 square foot free-standing medical office building in Elmira, NY, is available for sale at $500,000 ($55.97/sq ft). Recently renovated for medical use, the property boasts a highly visible corner location with two points of access, offering excellent "retail" exposure. Situated directly across from Arnett Health St. Joseph's Hospital Campus and minutes from I-86, this location provides exceptional convenience and accessibility. The building features a recently renovated exterior, ample parking (38 spaces), and a prominent monument sign. The interior is adaptable, presenting an opportunity for conversion to flex warehouse space with grade-level access. The modified lease terms offer flexibility for potential buyers or tenants. This property represents a unique opportunity to acquire a well-maintained, strategically located medical office building in a thriving area of Elmira, New York, within Chemung County, zip code 14901. The building's recent improvements and prime location make it an attractive investment for both medical professionals and investors seeking a strong return. The property is situated at 601-603 E Church St.
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
UMU · 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.