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