Elmira, NY Commercial Real Estate for Lease and Sale

Explore 34 listings of Elmira commercial real estate to find the best space for your business.

Big Flats Commons

950 County Route 64, Big Flats, NY
Property

Retail

172,050 SF
Availability

1 Space

4,220 SF
Year Built

2007
For Lease Contact for pricing
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1011 College Ave.

1011 College Ave., Elmira, NY
Property

Retail

6,151 SF
Availability

1 Space

4,686 SF
For Lease Contact for pricing
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Freestanding Restaurant

830 County Rd 64, Big Flats, Elmira, NY
Property

Retail

5,642 SF
Availability

1 Space

10,415 SF
For Lease Contact for pricing
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1575 Lake St Elmira, NY

1575 Lake St , Elmira, NY
Property

Industrial

255,000 SF
Availability

1 Space

255,000 SF
Year Built

1952
For Lease

$3.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Big Flats Consumer Square

830 County Route 64, Big Flats, Elmira, NY
Property

Retail

574,215 SF
Availability

10 Spaces

111,580 SF
For Lease Contact for pricing
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452 W Water St

452 W Water St, Elmira, NY
Property

Multi-Family

4,724 SF
Year Built

1957
For Sale

$369,900
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Big Flats Commons

950 County Route 64, Big Flats, NY
Property

Retail

45,000 SF
Availability

1 Space

1,565 SF
For Lease Contact for pricing
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271 County Rd 64

271 County Road 64, Big Flats, NY
Property

Industrial

270,153 SF
Year Built

1954
For Sale

$3,999,999
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3 Clemens Square
Elmira Works
3 Clemens Square, Elmira, NY
Services

Open Workspace

Event Space

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen

Lounge area

Office furniture

Privacy booths

Snacks

Standing desks

TV/Monitor
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801 & 821 Hatch Street

801 & 821 Hatch Street, Elmira, NY
Property

Industrial

26,400 SF
Availability

1 Space

22,100 SF
For Lease

$3.75/SF/YR
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1316 College Avenue

1316 College Avenue, Elmira, NY
Property

Office

50,000 SF
Availability

1 Space

14,470 SF
For Lease

$10.00/SF/YR
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210 14th Street East

210 14th Street East, Elmira Heights, Elmira, NY
Property

Retail

7,746 SF
For Sale

$195,000
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1344-1350 College Ave

1344-1350 College Ave, Elmira, NY
Property

Industrial

16,990 SF
Year Built

1967
For Sale

$735,000/SF
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1140 Sullivan St

1140 Sullivan St, Elmira, NY
Property

Industrial

86,962 SF
Availability

3 Spaces

52,700 SF
Year Built

1973
For Lease

$4.95/SF/YR
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6 Hynes Place

6 Hynes Place, Big Flats, NY
Property

VacantLand
For Sale

$54,000
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301 Industrial Park Rd

301 Industrial Park Rd, Horseheads, NY
Property

VacantLand

27.1 SF
For Sale

$169,000
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1344-1350 College Ave

1344-1350 College Ave, Elmira, NY
Property

Industrial

16,990 SF
Availability

1 Space

7,740 SF
Year Built

1967
For Lease

$5.89/SF/YR
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2447 Corning Rd

2447 Corning Rd, Elmira, NY
Property

Retail

6,250 SF
Year Built

1975
For Sale

$655,000
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2483 Corning Road

2483 Corning Rd, Elmira, NY
Property

Retail

2,150 SF
Availability

1 Space

2,150 SF
Year Built

1979
For Lease

$12.00/SF/YR
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Trinity Park

1300 College Ave, Elmira, NY
Property

Office

100,000 SF
Availability

2 Spaces

5,960 SF
Year Built

1999
For Lease

$7.69 - $10.00/SF/YR
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1246 Church Street West

1246 Church Street West, West Elmira, Elmira, NY
Property

Office

2,668 SF
For Sale

$255,000
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230 Latta Brook Industrial Park Road

230 Latta Brook Industrial Park Road, Horseheads, NY
Property

Industrial

5,400 SF
For Sale

$569,000/SF
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2483 Corning Road

2483 Corning Road, Elmira, NY
Property

Retail

2,150 SF
For Sale

$350,000
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1 Clemens Square

1 Clemens Square, Elmira, NY
Property

Retail

12,880 SF
For Sale

$350,000
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2062 Lake Road

2062 Lake Rd, Elmira, NY
Property

Industrial

57,000 SF
For Sale

$1,389,000
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1151 Broadway

1151 Broadway, Southport, Elmira, NY
Property

Retail

2,960 SF
Year Built

1977
For Sale

$449,500
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904 Grand Central Ave

904 Grand Central Ave, Elmira, NY
Property

Industrial

4,400 SF
Year Built

1957
For Sale

$139,000
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904 Grand Central Ave

904 Grand Central Ave, Elmira, NY
Property

Industrial

4,400 SF
Availability

1 Space

4,400 SF
Year Built

1957
For Lease Contact for pricing
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314-322 E 14th Street

314-322 E 14th St, Elmira Heights, Elmira, NY
Property

Retail

11,500 SF
For Sale

$229,900
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Plaza 2110

2104 College Avenue, Elmira Heights, NY
Property

Office

1,450 SF
Availability

1 Space

1,450 SF
For Lease

$13.24/SF/YR
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905 Church Street East

905 Church Street East, Elmira, NY
Property

VacantLand

9.35 Acre
Availability

1 Space

9.35 Acre
For Lease Contact for pricing
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Philo Road West

Philo Road West, Horseheads, NY
Property

VacantLand

28.38 Acre
For Sale

$425,700/Acre
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962 Main Street South

962 Main Street South, Southport, Elmira, NY
Property

Industrial

5,043 SF
Availability

1 Space

5,043 SF
For Lease

$5.71/SF/YR
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61 Fisherville Road

61 Fisherville Road, Big Flats, Elmira, NY
Property

VacantLand

1.44 Acre
For Sale

$295,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Elmira commercial real estate market incorporates 166,191 square feet of office space across 7 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Elmira commercial real estate market includes 1,442,229 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Elmira market, there is a total of 748,738 square feet of industrial property.

The listing inventory in Elmira incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Elmira is represented by Industrial space, which accounts for 346,983 square feet of available listings. Retail space available in Elmira adds up to 207,221 square feet.

Meanwhile, most of the listings of commercial property for sale in Elmira are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Elmira is $7.43 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Elmira can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Elmira, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Elmira is in the Big Flats neighborhood.

Meanwhile, retail space opportunities are most abundant in the Big Flats submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Big Flats.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $13.24 per square foot.

The average size of a commercial property in Elmira depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Elmira, the average size of an office property is 33,239 square feet.
Retail properties here incorporate an average of 110,941 square feet.
Industrial space in Elmira is in buildings that are, on average 68,068 square feet in size.

Elmira, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Elmira currently add up to 987,076 square feet. The market offers 4 active office listing(s), which amount to 25,586 square feet and account for 22% of commercial spaces on the market. Local retail availability includes 207,221 square feet across 7 retail space(s). Industrial space for rent opportunities in Elmira amount to 346,983 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	4	25,586
Retail	7	207,221
Industrial	6	346,983
Other	1	407,286

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Elmira, NY. Currently, there is 404,878 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 6 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	2,668
Retail	6	43,486
Industrial	5	353,943
Other	5	4,781

Elmira, NY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Elmira, NY?

What factors affect the price of commercial real estate in Elmira, NY?

What is the average rent for commercial space in Elmira, NY?

What are the best areas for commercial real estate in Elmira, NY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Elmira, NY?

Elmira, NY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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