CCertihomes
754 S Main Street, Elmira-City, NY 14904

$78,500

0 beds 0 baths 5,692 sqft Built 19500 days on marketActive

About this home

(Important Note: A liability waiver must be signed prior to showings for safety purposes.) Step into a unique opportunity with this commercial property brimming with history and potential, located in a high-visibility area on South Main Street. Previously operated as a winery and bar, this building is now a blank slate ready for your next big idea. The seller had begun transforming the space into a vibrant event center, and blueprints for this vision are available and attached to the listing—be sure to review them for inspiration. However, due to unforeseen circumstances, the project remains unfinished and has been stripped down to the studs, allowing full flexibility for your own commercial development plans. Whether you're dreaming of a restaurant, boutique, art studio, co-working space, or revitalizing it as an event venue, the structural groundwork has already begun. Brand-new floor joists have been installed throughout the entire first floor, providing a solid foundation for your custom build-out. The property is classified as a detached row building, featuring two connected structures—the main building and a rear garage—joined only through the basement. Above ground, these two buildings remain physically detached, offering versatility in use and layout. The garage in the backyard could serve as additional event space, storage, or a secondary commercial function depending on your plans. The outdoor area offers even more value. The land is flat and open, suitable for conversion into a parking lot, which would be a huge asset for customer or guest accessibility. A drainage system has already been installed in the grassy section of the lot, helping to mitigate flooding and making the site even more attractive for future development. For businesses anticipating high foot traffic, this property offers excellent accessibility with two separate entry points, making it easier to manage crowd flow and enhance convenience for both entry and exit during events or daily operations. This property is ideal for an entrepreneur, investor, or creative visionary ready to bring new life into a building with character, history, and room to grow.

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
$2,652/mo

Real estate (PITI + HOA + PMI)
$1,055
Principal + interest$504
Property tax + insurance$522
PMI / 2nd mortgage$29
Utilities
$3,069
Heating + cooling$1,385
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,652/mo TLC
Budget$5,000/mo
Remaining after TLC$2,348/mo
Purchase price
$78,500
Down payment
$3,925 (5%)
Loan amount
$74,575
APR
7.15%

Quick facts

Type
MixedUse
Style
Year built
1950
Lot size
0.3762 ac
Stories
2
Heating
Gas, ForcedAir, None
Cooling
Water
HOA
Annual tax
$2,542
MLS #
R1608173
County
Chemung

At a glance

Basement

Home features

Parking
DrivewayFenced
Flooring
Hardwood, Varies
Roof
Asphalt, Shingle

Lot features

IrregularLot

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 5/22/2025. Provided courtesy of Keller Williams Realty Southern Tier & Finger Lakes via Buffalo MLS. Information deemed reliable but not guaranteed.