NY
Chemung
Elmira
14904
220 Franklin Street
220 Franklin Street, Elmira, NY 14904
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Listing Type
Commercial/Industrial
Listing Status
Active
21
$85,000

Home Details for 220 Franklin Street

Price
$85,000
Type
Commercial Sale
Square feet
8066
Year built
1890
County
Chemung
MLS Listing#
337716
Property Description

RARE HISTORIC VALUE – UNBEATABLE INVESTMENT UNDER $11/SQ FT! Don't miss this extraordinary, once-in-a-lifetime opportunity! Priced at an unbelievable $85,000, 220 Franklin St offers an astounding 8,066 square feet of versatile space, presenting an unmatched value proposition for savvy investors, developers, or business owners looking to maximize their ROI. This remarkable building was originally constructed in the late 1800s as St. Mary’s Convent, housing the Sisters of St. Joseph. Offering endless possibilities for the right investor, it could be converted into a multi-family complex, a vibrant community hub, a boutique indoor storage facility, or a multi-tenant commercial center. You can hit the ground running on day one simply by leasing out the individual office spaces and utilizing the massive full basement for high-demand storage rental income. At just $85,000, a structurally sound asset of this scale and character is unheard of in today's market—schedule your tour today!

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Property Features
  • Heating Information
    • Baseboard
    • Electric
  • Utilities
    • Electricity Available
    • Natural Gas Available
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: NEXTHOME KINGDOM - 844-645-4647
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY HOMEWARD BOUND
202 Clubhouse Road, Vestal, NY 13850
Office
607 729 5500
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