26-33 Log Haven Acres Drive, Elmira, NY 14901

New - 26 Hours Ago

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Property Description

RARE INVESTMENT OPPORTUNITY! 17.58 acres featuring a unique mix of residential, commercial, storage, and development potential. This campus style property offers wooded and cleared acreage, a pond, and nearly 1,000 feet of road frontage on both sides of the road. Currently consisting of 8 buildings and 43 total rental units, including 16 residential units with 14 apartments and 2 single-family homes. The residential mix includes two 3-bedroom apartments, nine 2-bedroom apartments, three 1-bedroom apartments, a 2-bedroom ranch, and a 3-4 bedroom log home. Great value add by raising rents to market rate. The property also includes numerous storage and commercial spaces, including small and large storage units, open storage, garage spaces, two commercial business spaces, a 2-bay company shop with service pit, standalone storage, and a pay laundry. An efficiency apartment is currently utilized as a company office. Significant upside exists with potential to build approximately 40+ additional storage units. The expansive acreage also offers potential for an already approved solar farm. All apartments have electric heat, making this property particularly well-suited for exploring solar as a way to potentially offset electric costs and provide long-term value for both ownership and tenants. Included is a complete turnkey shop with tools and equipment, a 60 Z-mower, and extensive onsite inventory including lumber, roofing, flooring, countertops, sinks, cabinets, appliances, and more. A truly unique opportunity with multiple income streams, substantial acreage, existing rental operations, and significant room for expansion. Properties offering this combination of residential, commercial, storage, and development potential are rarely available so don't miss out on this one of a kind property.

26-33 Log Haven Acres Drive | MLS# R1706217

This commercial property located at 26-33 Log Haven Acres Drive, Elmira, NY 14901 is currently listed for sale with an asking price of $1,567,000. 26-33 Log Haven Acres Drive is located within the Elmira school district. Search Elmira real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Business
Heating: Gas, Baseboard, ForcedAir
Lot Size: 17.58 Acres
Roof Type: Metal, Shingle
Stories: 2.0
Taxes: $18,351
Year Built: 1977

Feature Descriptions

Days on Site: 1
Lot: Rectangular, RectangularLot
Lot Dimensions: 1231X1355
Parcel#: 073089-110-000-0001-030-002-0000
Sewer: SepticTank

Local Schools

School District: Elmira

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Horseheads
Agency Phone: (607) 739-1444

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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