CCertihomes
601 Erie Street, Elmira City, NY 14904

$275,000

0 beds 0 baths 8,794 sqft Built 197932 days on marketActive

About this home

An exciting opportunity awaits with this well-established bar and restaurant located on a prominent corner lot in the heart of Elmira. This turnkey operation offers everything needed to step in and start business immediately. Inside, you'll find a spacious dining room with 22 tables, a full-service bar, and a dedicated dance floor, creating an inviting atmosphere for customers to dine, drink, and enjoy live entertainment. The fully equipped commercial kitchen features new stoves and a high-efficiency, temperature-controlled range hood, ensuring smooth and cost-effective operation. All kitchen and bar equipment, as well as fixtures, are included in the sale. Above the business is a 2-bedroom apartment, currently utilized as office space, offering added versatility—convert back to living quarters or continue as functional workspace. Recent upgrades to the property include a new metal roof, a new AC condenser with new blower motors for efficient cooling, updated fire alarm system, upgraded electrical work & more. In addition to the business for sale is the parking lot across the street. This corner-lot property offers excellent visibility, easy access, and a strong presence in a lively part of Elmira. Whether you're an experienced operator or an entrepreneur looking for a ready-to-go venture, this property offers tremendous value and potential. Don’t miss your chance to own a staple in the Elmira dining and nightlife scene.

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
$4,996/mo

Real estate (PITI + HOA + PMI)
$2,756
Principal + interest$1,765
Property tax + insurance$888
PMI / 2nd mortgage$103
Utilities
$4,503
Heating + cooling$2,102
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$4,996/mo TLC
Budget$5,496/mo
Remaining after TLC$500/mo
Purchase price
$275,000
Down payment
$13,750 (5%)
Loan amount
$261,250
APR
7.15%

Quick facts

Type
Apartment
Style
Year built
1979
Lot size
0.1348 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
HOA
Annual tax
$3,246
MLS #
R1619543
County
Chemung

At a glance

Air conditioning
Basement

Home features

Roof
Metal, Shingle
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

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 7/3/2025. Provided courtesy of Warren Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.