CCertihomes
826 Erie Street, Elmira-City, NY 14904

$150,000

0 beds 0 baths 99,998 sqft Built 197314 days on marketActive

About this home

Rare redevelopment opportunity in the city of Elmira, this former shopping center needs extensive rehab throughout but offers limitless potential with almost 100, 000 sq ft of commercial space sitting on 8.46 acres with a huge parking lot. This building could have multiple commercial units, retail, storage and more, pending code approval. Perfect for an investor looking for their next commercial project.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$29,452/mo

Real estate (PITI + HOA + PMI)
$6,160
Principal + interest$962
Property tax + insurance$5,142
PMI / 2nd mortgage$56
Utilities
$46,513
Heating + cooling$23,107
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$29,452/mo TLC
Budget$29,952/mo
Remaining after TLC$500/mo
Purchase price
$150,000
Down payment
$7,500 (5%)
Loan amount
$142,500
APR
7.15%

Quick facts

Type
Commercial
Style
Year built
1973
Lot size
8.46 ac
Stories
0
Heating
Gas, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$9,315
MLS #
EC278461
County
Chemung

Home features

Roof
Flat, Membrane, Rubber
Sewer
PublicSewer

Neighborhood — 14904

MetricThis ZIPCountyUSA
Population11,94419,351,094299,088,112
Population Change Since1990-13.00%8.00%20.00%
Population Density2,198395
Male5,6529,381,926147,432,321
Female6,2929,969,168151,655,844
Never Married2,6984,946,39163,775,926
Married4,2197,166,701123,120,365
Separated4691,159,67312,639,686
Widowed6931,110,24515,467,586
Divorced1,2471,210,44823,075,029
Number Of House Hold4,5027,102,016111,826,380
Average House Hold Size2.642.642.60
Medial Age34.8736.5335.46
Median House Hold Income$34,773$49,847$48,276
Average House Hold Income$41,040$70,032$63,629
P C I$15,691$26,569$24,529
M D I$30,790$42,210$41,133
A T H E$38,420$54,185$50,898
S T R8.00%4.00%
W C J77.96%81.55%77.74%
(Zip) Code
14904

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 2/6/2025. Provided courtesy of Howard Hanna Horseheads via Buffalo MLS. Information deemed reliable but not guaranteed.