ELMIRA, NY 14901

Opportunity Zone Mixed-Use Building | Elmira, NY | 21-Yr NNN Leasehold | 14,000 SF

OFF-MARKET ASSIGNMENT OPPORTUNITY in Elmira, NY Property is available please call or text for more information 

Vacant mixed-use loft building located in a Certified Opportunity Zone within the Southern Tier Economic Growth Re-Development Area, centrally positioned in Elmira's Finance, Arts & Historic District near the Historic Civic Center. PROPERTY TO BE DELIVERED AS-IS. INTERIOR ACCESS TO BE GRANTED UPON ACCEPTED OFFER.

Property Snapshot

• Price: $355,000 ($25.35/SF)

• Total building: 14,000 SF (loft and mezzanine space)

• Additional: 4,000 SF cellar space beneath ground-floor retail

• Configuration: 2 ground-floor commercial retail spaces + 8 apartments

• Leasehold: 21-Year NNN

• Floors available: 1st floor (4,000 SF, retail, in-line), 2nd floor (4,000 SF, flex), 3rd floor (4,000 SF, flex)

• Value-add opportunity in a designated Opportunity Zone with potential tax-advantaged treatment at a low basis of roughly $27/SF. Ground-floor retail plus 8 residential units supports multiple exit strategies — NNN lease-up, condo/apartment conversion, or continued mixed-use redevelopment.

Location Highlights

Directly across from the pedestrian crossing bridge

Walking distance to the arena, theatre, dining, and breweries

Near colleges and hospitals

DEAL REQUIREMENTS (Non-negotiables)

Cash, Hard, or Private money only.

DD must be performed before going under contract.

Min $25k EMD (Non-refundable).

Call, text, or email to submit offer or for further details: Christian Toledo | (631) 250-6357 | Oribel Castillo | oribelcastillo@nextliferealty.com