About This Home

This 0-bedroom, 0-bathroom commercial at 122 E Chemung Place in Elmira, NY is listed for $175,000 ($31 per sqft). Built in 1950, the home offers 5,649 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1950
  • 0.26 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
3 spaces
1950

Amenities

A/C
Listing Description

Rare opportunity to acquire a commercially zoned 5,600+ square foot property with extensive infrastructure already in place. Previously utilized for group housing purposes, 122 E. Chemung Place offers exceptional flexibility for investors, nonprofits, community organizations, specialized housing providers, or redevelopment opportunities.

This well-maintained property features a commercial-grade fire system, central air, whole-house generator, multiple furnaces, accessible features, and a large-scale layout that would be difficult and costly to recreate today. The flexible floor plan includes numerous bedrooms/offices, multiple common areas, and 3 full bathrooms, allowing for a variety of potential residential, community, or commercial uses subject to zoning and approvals.

Additional highlights include off-street parking, expansive living space, and a strategic Elmira location with convenient access to downtown amenities, services, and major roadways. Now offered at $215,000, this property presents a unique value opportunity with substantial existing infrastructure already in place for future operational or investment use. Buyers to verify permitted uses and zoning approvals.

Monthly Cost Estimate

$936/mo

20% down · 6.5% · 30 years

Principal$127
Interest$758
Insurance$51

Estimates only. Actual payments may vary.

Location

122 E Chemung Place

Elmira, NY 14904

Features & Amenities

Interior Features

BedroomOnMainLevel

Property Details

Flooring

VinylLinoleum

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 122 E Chemung Place is listed at $175,000 ($31/sqft). The estimated monthly payment is $936 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.26 acre lot, 2 stories, 3 parking spaces. Interior Features: BedroomOnMainLevel.

This property is listed by Kelly McKay.

KM

Kelly McKay

License 10301221153

Agent at Warren Real Estate

Listed by Warren Real Estate · Broker phone: (607) 257-0666 · Broker website

MLS# R1681104· Source: New York State Alliance of MLSs, LLC· 159 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

122 E Chemung Place, Elmira, NY 14904

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