108 Lake Street, Elmira City, NY 14901
Chemung County
Key Facts
Description
Prime Commercial Space with Excellent Visibility & Modern Updates. This beautifully updated commercial property in the heart of the Elmira Commercial District offers a versatile layout with eight private offices or 7 with conference room, a kitchenette, and dual bathrooms. The main area wall could also be easily removed for a more open space. Tall ceilings and a spacious floor plan makes It ideal for a variety of professional uses. The space is thoughtfully designed with modern finishes and plenty of natural light. A full basement provides ample storage or expansion potential. Located in a high-visibility area with easy access and great street presence, this property combines functionality, convenience, and style—perfect for businesses seeking a move-in-ready location. Seller is open to owner financing, Terms- 36 months, 20-25% down, 7% interest, balloon payment at the end.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
1964
Stories
1
Living Area
4,378 sq ft
Lot Size
0.05 acres
Lot Dimensions
24X90
Zoning
481
Days on Market
2
MLS® Listing#
R1678186
Property Features
- Cooling:
- Central Air
- Heating:
- Forced Air, Natural Gas
- Flooring:
- Linoleum, Other, See Remarks, Vinyl
- Basement:
- Full
- Lot Features:
- Irregular Lot
- Roof:
- Asphalt
- Utilities:
- Electricity Connected, Sewer Connected, Water Connected
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $3,441
- Assessed Value:
- $53,000
- Parcel #:
- 070400-089-019-0007-030-000-0000
Directions
W Water St to Lake St
Affordability Calculator
$21,980
Estimated monthly payment
$585/mo
Principal $87,920 · Est. interest $122,656 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elmira City, NY
- $254,000
- Median Listing Price
- 51
- Median Days on Market
- 1,734
- Median Sq Ft
- $127
- Median Price / Sq Ft
- 639
- Active Listings
- This home’s price is 57% below the area median.
- Its price per sq ft is 80% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elmira City, NY.
Location
- 108 Lake Street, Elmira City, NY 14901
Nearby Schools
Riverside Elementary School
Elementary · 0.4 mi away
Finn Academy: an Elmira Charter School
Elementary · 0.5 mi away
Beecher Elementary School
Elementary · 0.6 mi away
Ernie Davis Community Center
Elementary · 0.6 mi away
Coburn Elementary School
Elementary · 0.6 mi away
Holy Family Elementary School
Elementary · 0.8 mi away
Family Enrichment Center
School · 0.9 mi away
Diven Elementary School
Elementary · 1.3 mi away
Holy Family Middle School
School · 1.3 mi away
Elmira High School
Secondary · 1.4 mi away
Ernie Davis Academy
School · 1.6 mi away
Elmira City School District
School · 1.6 mi away
Notre Dame High School
Secondary · 1.9 mi away
Fassett Elementary School
Elementary · 1.9 mi away
Broadway Elementary School
Elementary · 2.1 mi away
Hendy Elementary School
Elementary · 2.4 mi away
Thomas A Edison High School
Secondary · 2.7 mi away
Elmira Heights Central School District
School · 2.7 mi away
Cohen Middle School
Secondary · 2.7 mi away
Cohen Elementary School
Elementary · 2.7 mi away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in Elmira City
Listing Courtesy: Signature Properties - 6077969817
Presented by: Julie M. (Jules) Costello
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2026-05-05