Individually Owned Property summary
A 35,885-square-foot building at 906 Johnson Street in Elmira, New York, previously used as a bowling alley. The structure has a large, open interior with wide-span areas and high ceilings, set on a 0.5629-acre site. The property is in poor condition and would require substantial renovation or potential redevelopment. With municipal approvals, the building’s layout and size support potential conversions and alternative uses such as warehouse conversion, self-storage, indoor recreation, event center, flex space, or other redevelopment. The zoning is 13 CC. The offering includes parking lots associated with 907 Davis St and 408 W Washington Ave.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
BA · Elmira, NY250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
250.6.1 Business A-I Intent. [Neighborhood Commercial - I] (Ord. No. 2005-349 dated 10/3/05) The intent of this district is the same as the inte nt and description set forth under section 250.6, Business A, except bars,…
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The district profile from the municipal source: what is on file for BA in Elmira, NY.
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