100 Water Street West, Elmira, NY - Multi-Unit For Sale
100 West Water St. is a 2019 newer-construction mixed-use investment property located in the prime downtown Elmira area near shopping, dining, and amenities. The property features 51 market-rate apartments that are 100% leased and 98% occupied, along with 16,000 ± SF of Class A office space that is 91% occupied. Credit-quality tenants include Wells Fargo Advisors and Five Star Bank. The property offers stable cash flow with strong residential and commercial occupancy, onsite parking, and professional property management, presenting an opportunity for long-term value appreciation. For further details, please contact listing agents to obtain a Confidentiality Agreement and access the full offering memorandum upon signature. Located in downtown Elmira overlooking the Chemung River. Walking distance to numerous restaurants, Clemens Center Theater, Lecom Event Center, Weis Grocery Store, and much more. Minutes from Elmira College and Lecom.
Property Details
- Property Name: Water Street Apartments
- Sale/Lease: Sale
- Major Use: Multi-Unit
- Subuse: Mixed-Use
- Available: 75,000 +/-SF
- Price: Contact Agent
