On average, listings lease in the $10's per square foot per year. The Elmira submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 8 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,710 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 1975 and are Class B.