$175,000

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.