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301 Grove Street

Elmira NY 14905

20
8152 sq. ft.
21450 sq. ft.
Other
Currently for sale - view listing

Overview

Exceptional Redevelopment Opportunity | Former Assisted Living Facility | 20+ Unit Potential Investors, developers, and visionaries—this is the opportunity you’ve been waiting for! Formerly operated as an assisted living/adult home, 301 Grove offers an enormous amount of space and virtually unlimited redevelopment potential. The property has the size, layout, and location to accommodate a variety of investment concepts, with the potential for 20+ residential units depending on the final design, zoning, building code requirements, and necessary approvals. Located just minutes from Elmira College, the property is ideally positioned for an investor looking to capitalize on the demand for housing in a convenient location. This is not a turnkey property. The building requires extensive renovation and will be best suited for an investor, contractor, or developer who can see beyond its current condition and is willing to put in the work. The existing configuration offers a substantial amount of space to work with. The bedroom and bathroom counts should be considered approximate and subject to buyer verification.

Features

20 bedrooms
8152 sq. ft. floor area
21450 sq. ft. lot size
Other

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