269 Baldwin Street, Elmira, NY 14901
sale
$37,000
|
Other
Courtesy Of RE/MAX In Motion
Some buildings hold history in their walls. This one holds potential in every square foot. Standing three stories tall with a full basement on Baldwin Street in the heart of Elmira's downtown, 269 Baldwin is a commercial mixed-use building with the bones of something extraordinary - and the kind of scale that serious investors recognize immediately. Over 6,000 square feet of raw, untapped space, steps from the ILL Eagle Taphouse, and positioned squarely inside Elmira's $10 million New York State Downtown Revitalization Initiative target zone. The electricity is live to the building. The heat is not operational. It needs extensive rehab work. None of that is a secret - and none of it scares the right buyer. What the right buyer sees is what this building already is: structurally significant, mixed-use zoned, and sitting at the intersection of a city actively being rebuilt. Exterior wall repair was professionally completed by Streeter Associates in 2022 - documentation included. That's a seller who maintained what mattered. The building's mixed commercial and residential zoning opens the door to virtually any vision - ground-floor retail or restaurant, upper-floor residential units, professional office, hospitality concepts, or a full adaptive reuse that capitalizes on Elmira's growing demand for walkable downtown housing. State and federal historic tax credit programs have financed multiple nearby projects. The incentive infrastructure is already in place. Downtown Elmira is not a rumor. It is a movement. The DRI investment, the I-86 Innovation Corridor, the expansion of healthcare and higher education nearby - This is the momentum that turns 269 Baldwin into a deal that makes sense right now, not five years from now. The glory is still in here. Bring the capital. Bring the vision.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Block
- Exterior Type: Brick
- Exterior Type: Frame
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Plywood
- Floor Covering: Hardwood
- Floor Covering: Varies
- Floors: 4
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- MLSID: R1678237
- Parking Spaces: 10
- Roof Type: Rolled Hot Mop
- Roof Type: Shingle
- Rooms: Basement
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