Ithaca NY Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
9,676
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1968
Baths:
MLS#:
R1572069

ADDITIONAL INFORMATION

Once in a lifetime opportunity in the heart of Cornell University’s College town in Ithaca, NY. This prime development site is located within the MU-2 zone which allows for building height of 6 stories with 100% lot coverage and no parking requirements- potential to develop over 47,000SF on this site! Hotel, Student housing/apartments, condo and mixed use are all allowed along with numerous other options. Ithaca New York is an Ivy League college town that boast two major universities with over 30,000 students and has a population of over 100,000. Ithaca is also home to bio-tech manufacturing, regional hospital as well as several local community colleges. Located 4 hours from NYC, 3 hours from Albany, 2.5 hours from Buffalo and 1 hour from Syracuse. Property is being offered through a sealed bid process, all bids are due by 12/19/24. Contact listing agent for details and documents for sealed bid process.

Type:
General Commercial
Sq.Ft.:
1,250
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
R1571649

ADDITIONAL INFORMATION

Turnkey, well established profitable full service Hair Salon For Sale with established clientele and great reputation. Opportunity to own a thriving hair salon business without having to start one up. Serving the Greater Ithaca Area for 30-years from a prime location in a Shopping Center situated near a densely populate residential area and in close proximity to the Cornell University Campus. Nearby are numerous retailers, professional, medical & banking offices, restaurants and schools. Sale includes business name; all salon buildouts and all equipment, furnishings & fixtures. Assumable lease at competitive terms. Owner will assist with transition and would like to stay on as a stylist. Ask Listing Agent for additional details.

Type:
General Commercial
Sq.Ft.:
689
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1929
Baths:
MLS#:
R1567393

ADDITIONAL INFORMATION

Discover an incredible opportunity to own a landmark building in a prime location! This 1929 structure, designed by the esteemed architect William Henry Miller, has served as a cornerstone service station for decades and is now poised for a transformative new chapter. Nestled adjacent to Cornell University, this property benefits from high visibility and foot traffic, making it ideal for a variety of businesses. The building features a repair bay, a reception area, and versatile loft storage, providing ample space for operations. With both indoor and outdoor restrooms, it’s ready to accommodate customers and staff alike. Imagine the possibilities: a trendy motorcycle shop, a gourmet burrito counter, or a cozy coffee shop where students and locals gather. The unique architecture and historical charm of this property set the stage for an exciting venture that will contribute to the community's vibrant atmosphere. Don’t miss your chance to invest in this exceptional building and bring your vision to life!

Type:
General Commercial
Sq.Ft.:
6,488
Status:
Active
Beds:
n/a
Lot size:
11.82 Acres
Year built:
1969
Baths:
MLS#:
R1565981

ADDITIONAL INFORMATION

Banquet & Event Center - 6,488 SF building with inside seating for up to 300 - located just outside Ithaca. Center is situated on nearly 12 acres with views of Cayuga Lake. Center currently hosts weddings, banquets and parties plus offers outside catering. Turnkey Commercial kitchen. Large Dance Floor. Back Deck adds outdoor seating capacity plus well landscaped grounds are ideal for wedding ceremonies and other events. 10 acres adjoining main property overlooking Cayuga Lake allows for development options. Property is conveniently located minutes to Cornell University, Ithaca College, many area Hotels and the Downtown Ithaca Business District.

Type:
General Commercial
Sq.Ft.:
5,827
Status:
Active
Beds:
n/a
Lot size:
0.86 Acres
Year built:
1898
Baths:
MLS#:
R1564068

ADDITIONAL INFORMATION

Former Bank Branch -- and previously a restaurant -- located in City of Ithaca Waterfront District. Property is a former train depot that incorporates several rail cars and was built in 1898 and renovated in 2006. Building is 5,827 SF on 0.86 acre. Present layout includes a lobby, reception and seating areas, teller stations, vault, conference room with kitchenette, private offices, restrooms and drive thru. On-site parking for 35+/- cars with additional nearby parking options. Property is on National Register of Historic Places.

Type:
Office
Sq.Ft.:
1,829
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1880
Baths:
MLS#:
R1563339

ADDITIONAL INFORMATION

This is a prime opportunity in the Fall Creek neighborhood, just three blocks from the Ithaca Commons' restaurants and shops, and close to the TCAT bus route, Cascadilla Creek, parks, and all the amenities the City of Ithaca has to offer. Two parcels are for sale: one with an 1800s two-story building featuring a professional office on the main level and living quarters above, and the other an empty lot currently used for parking. Endless possibilities await. The office building offers a waiting room, reception area, four offices, and additional multi-use rooms. Central location for easy access. It can be maintained as a professional space or converted into a single-family or two-family home. The upper level can be used as a residence or rental, with ample parking behind the building and an old barn that can be restored. The vacant lot, currently a parking area with about a dozen spaces, can be developed for various uses, including as a single-family home or duplex. Excellent rental location. Both properties are being sold together, offering a unique opportunity for investors with creative vision. This is more than just an opportunity—it's a rare find.

Type:
Other
Sq.Ft.:
13,725
Status:
Active
Beds:
n/a
Lot size:
49.57 Acres
Year built:
2001
Baths:
MLS#:
R1560763

ADDITIONAL INFORMATION

This distinctive architect designed residence with 3 floors and 13,725 SF is ideally suited for a multitude of uses. Designed for aging in place it is ADA compliant and could easily be a luxury retirement home, an assisted living facility, a boutique hotel, a restaurant, upscale BnB, school, spa, to name a few. Located minutes from downtown Ithaca, Cornell Univ., Ithaca College and beautiful Cayuga Lake it’s minutes from everywhere. The wide open kitchen with butler’s pantry can accommodate large or small groups. There are multiple living spaces, an elevator that services 3 floors, a 19’x39’ indoor Gunite pool, 4 en-suite bedrooms, 2 more bedrooms and 4 more baths, and geo-thermal heating and AC. The attached 3 car garage has space above for office or apartment use. It has to be seen to appreciate the space and possibilities.

Type:
General Commercial
Sq.Ft.:
4,500
Status:
Active
Beds:
n/a
Lot size:
0.03 Acres
Year built:
1945
Baths:
MLS#:
R1555952

ADDITIONAL INFORMATION

Own a piece of Ithaca's history with this building located at 101 W. State Street, home of the Iconic Chanticleer, a family-owned bar for over 75 years. This nostalgic landmark, located in the bustling commons, boasts three floors of potential. The second floor, once a vibrant second bar, is ideal for special/private events. The third floor's open layout offers versatility for an apartment or office space. Positioned at a prime corner lot at the three-way stop at State & Cayuga streets, and next door to the State Theater, this property enjoys high visibility and foot traffic. Don't miss the chance to own a piece of Ithaca's rich tradition and create new memories at this historic address. Be part of Ithaca?s legacy. List price includes business and building.

Type:
Other
Sq.Ft.:
14,942
Status:
Active
Beds:
n/a
Lot size:
0.34 Acres
Year built:
1900
Baths:
MLS#:
R1556308

ADDITIONAL INFORMATION

High-Tech, Solid Brick Building offering 15,000+/- sf of space with three levels of exceptional, high quality, interior retaining the high ceilings, exposed brick walls, posts & beams.. This building offers a super high-tech S.C.I.F. (Sensitive Compartmented Information Facility) an enclosed area within a building that is used to process sensitive compartmented information (SCI) types of classified information. Each floor offers views of the glass atrium with elevator service, flexible floor plans, and complemented by large conference rooms, many existing offices, lounge and kitchen areas. 18-space Parking Lot. High Visibility corner location. High traffic count with over 36,000 car a day along Rt 13 South. Easy access to Route 13 North and South. There is a current lease on the entire building until November 2024. Bring your business ideas and let's work together to make your business part of the ever-growing Ithaca West End with neighbors such as Ithaca Bakery, Greenstar, Purity Ice Cream, Ithaca Farmers Market, Cayuga Medical, Cayuga Inlet, and City Harbor. Views of Cayuga Lakes waterway and Cornell. WEDZ-1A & Opportunity Zone

Type:
General Commercial
Sq.Ft.:
24,232
Status:
Active
Beds:
n/a
Lot size:
2.77 Acres
Year built:
1975
Baths:
MLS#:
R1551353

ADDITIONAL INFORMATION

City of Ithaca Light Manufacturing / Warehouse / Adaptive Reuse - 24,232+/- SF on 2.77 acres - with flexibility to be converted to other uses. Combination of warehouse, office & flex space with 14' to 16' clear height in warehouse space. Multiple overhead grade level exterior / interior doors plus 3 truck level docks. Public water/sewer with electric and gas. 800 Amp Electric Service with 3 Phase. Yard Space both fenced and other. Substantial on-site parking. Ideal for adaptive re-use or light industrial / warehouse uses. Located on NYS Rte. 96.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
26 Acres
Baths:
MLS#:
R1544417

ADDITIONAL INFORMATION

Development Land - 26+/- acres - in Ithaca's Northeast on Bomax Drive off Warren Road and across from highly successful East Pointe Apartments Complex [140-units]. And, close to active, successful Town Home Project. Within very short drive to Regional Airport, Cornell Business & Technology Park, Cornell Campus, Northeast Commerical District and Downtown Ithaca. Approximately 900' of road frontage. Accessibility to water, electric and gas subject to verification with associated sources.

Type:
Other
Sq.Ft.:
21,717
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Baths:
MLS#:
R1545322

ADDITIONAL INFORMATION

This property presents a prime location and exceptional investment opportunity situated in the heart of Cornell University's Collegetown. This remarkable multi-unit opportunity features a fully entitled and shovel-ready project, offering prime development land situated blocks from Cornell Campus. Boasting a total of 35 beds across 35 units, this property allows for a 5-story development encompassing 21,717 square feet. The potential for this project is immense, presenting an attractive prospect for investors seeking to capitalize on the dynamic Collegetown market.

Type:
Office
Sq.Ft.:
8,424
Status:
Active
Beds:
n/a
Lot size:
0.42 Acres
Year built:
1980
Baths:
MLS#:
R1542689

ADDITIONAL INFORMATION

This exceptional brick building, situated in Ithaca’s downtown West End, presents a remarkable investment opportunity with significant financial growth potential. The property has 5 fully leased spaces, boasting a long-time tenant base. Strategically located with high visibility right off Rt 13N, ensuring excellent exposure and accessibility. Spanning from State St. to Seneca St., it offers two convenient means of access, enhancing its appeal for tenants and visitors alike. It includes 19 dedicated parking spaces, an asset in the bustling area. Zoning allows for approximately 5 story building providing ample opportunities for future development and expansion. For detailed information on the numerous updates and enhancements this property offers, please contact the listing agent.

Type:
Other
Sq.Ft.:
1,750
Status:
Active
Beds:
n/a
Year built:
1996
Baths:
MLS#:
R1544087

ADDITIONAL INFORMATION

BUSINESS ONLY FOR SALE - COLLEGTOWN PIZZA - well established, profitable Pizzeria located in heart of Ithaca's Collegetown located just off Cornell University Campus. Lines out the door on nights / weekends during school semesters. Close proximity to bars and numerous apartment complexes. Seats 60+/- inside and out. Recently updated interior plus equipment. FF&E convey with sale. Owner will assist with transition. Financials provided upon signing NDA. Sale contingent upon buyer executing new lease with landlord.

Type:
General Commercial
Sq.Ft.:
8,400
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1975
Baths:
MLS#:
R1537875

ADDITIONAL INFORMATION

Amazing opportunity to own a corner lot location within 3 miles of Cornell University with over 8300 interior square feet! Excellent exposure with high traffic count. NYSDOT traffic count listed at 14,541 on NY State Route 13 & 6,219 on NY State Route 366 (Dryden Road) for a total traffic count of 20,541. Commercial log style building construction, with versatile open floor plan. Exterior deck that runs the entire length of the building facing east. On site parking for 30 plus vehicles. Perfect site for a restaurant/bar & event venue.

Type:
Other
Sq.Ft.:
1,670
Status:
Active
Beds:
n/a
Year built:
1862
Baths:
MLS#:
R1537934

ADDITIONAL INFORMATION

BUSINESS SALE ONLY - American Crafts by Robbie Dein. Long established - 52-years - revered and go-to Gift Store & Gallery located in an iconic landmark historical building on the Ithaca Commons. Customer base is local, national and international in scope. Gallery plus well established, active online store. Long term lease with competitive terms available. Building also separately for sale. Equipment, Furnishings & Fixtures included with sale. Inventory extra. Owner will assist with transitional training. Financials provided upon signing NDA. Accompanying listing are Store Sales Flyer & Video.

Type:
Office
Sq.Ft.:
2,389
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1965
Baths:
MLS#:
R1533648

ADDITIONAL INFORMATION

TWO BUILDINGS for sale on Meadow Street, in the West End Neighborhood of Ithaca - A Business Opportunity on part of Route 13 in West End of Ithaca. The building on the north side is 313 N. Meadow Street is two story Office space, built 1965 with approximately 1400 sq ft, 6 Private Offices, Conference Room, File Storage Area, Reception Area (w/3 outside entrances), Break Room Area and 1.5 baths, storage opportunities in basement and parking for 10+. The Building on the south is 311 N. Meadow is currently a Retail Space with just under 1000 sq ft, built in 1975, consists of 3 Large Showrooms, 1 Bath, Attic Drop Down Stairs for Storage, Basement Storage and Parking for 5 +. The Parking Areas are only separated by chain link fence, could be incorporated to make one large lot. The Zone Code - WEDZ-1b. Easy to see for Qualified Buyers - Call your Buyer's Agent TODAY!

Type:
Apartment
Sq.Ft.:
8,432
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1963
Baths:
MLS#:
R1536638

ADDITIONAL INFORMATION

Important 8000+ sq. ft. two story commercial building in the heart of Fall Creek. Over 4000 sq.ft. on the main level, which has housed a neighborhood pharmacy since its construction in 1963. Kinneys’ lease expires in July 31, 2025; it has requested to extend an additional 3 years, but nothing is yet signed. Kinneys pays 50% of property taxes, 50% of water & sewer bills & property insurance, & some snow removal. Upstairs are 4 one bedroom apts, each legal for 2 unrelated + a shared laundry. Rent includes water & sewer & a/c. Tenants pay gas & elec. B2a zoning permits 4 story construction up to a height of 40 ft & allowable uses (w/required permits) are hotels, retail, & restaurants. 11 parking spaces & loading area on site. <50% of parcel is developed; great potential for redevelopment. Income $10,805/mo includes rent from Kinneys of $6180/month.1 longterm apt tenant pays discounted rent. Carlisle TPO (thermoplasticpolyolefin) membrane roof installed in 2012. Sprinklered hallway to apts connected to Fire Dept.

Type:
General Commercial
Sq.Ft.:
6,250
Status:
Active
Beds:
n/a
Lot size:
1.63 Acres
Year built:
1976
Baths:
MLS#:
R1535087

ADDITIONAL INFORMATION

Lots of potential with this 6,000+ sqft commercial space! Whether you are looking to start a business, vet clinic, office space, restaurant, there are a lot of opportunities. Freshly painted interior with huge open space, perfect for a dining area or meeting room. Updated bathrooms, featuring new vanities and fresh paint. New flooring throughout, enter through the front foyer which leads you to an eat up bar, can be used for many uses. Commercial grade kitchen with oversized range, walk in cooler and butcher block. Many upgrades! New Uv system, new carpet, new siding & shutters, gutters, new grading. Close proximity to Ithaca & Watkins Glen.

Type:
Apartment
Sq.Ft.:
12,090
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1904
Baths:
MLS#:
R1531300

ADDITIONAL INFORMATION

INVESTMENT OPPORTUNITY: High demand location in the Heart of the Finger Lakes, and home to Cornell University and Ithaca College. This Iconic four story building, in a prominent commercial corridor, “Restaurant Row”, and Gateway to the famous Ithaca Commons is looking for new ownership for the first time in many years. With over 12,000 SF, it was redesigned by architect Jason Demarest and under-went comprehensive renovations in 2016. This investment opportunity includes long term quality tenant Simeons Restaurant and offers elevator service to five, bright and spacious, 1- and 2-bedroom apartments with high quality finishes. Ideal for investors aiming to capitalize on Ithaca's vibrant market, ensuring continuous demand and significant growth potential.

Type:
General Commercial
Sq.Ft.:
2,609
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1970
Baths:
MLS#:
R1530703

ADDITIONAL INFORMATION

Kelly's Dockside is the oldest continually operated and owner run restaurant in Ithaca=50 years!! In the heart of Ithaca on the Cayuga Lake waterfront with access from the water or road, this dining establishment has all of the food and fun you could want in the heart of the Finger Lakes dining scene!

Type:
General Commercial
Sq.Ft.:
2,973
Status:
Active
Beds:
9
Lot size:
0.15 Acres
Year built:
1980
Baths:
MLS#:
R1532134

ADDITIONAL INFORMATION

Ivy League Collegetown property is highly regarded as some of the most stable, investment grade real estate in the country. Located in the heart of Cornell University’s Collegetown- This property features 10 bedrooms and can be rented in a variety of ways. Currently rented by the room, this property is prime for value add. Flexible CR-3 zoning allows for ground up redevelopment of up to 3 stories or implement a value add strategy to boost per bedroom rents to market rate. Fully renovated properties in the area can fetch $1100-$1400 per bedroom. Properties of this size, this close to Cornell in a prime Collegetown location rarely hit the open market.

Type:
General Commercial
Sq.Ft.:
3,594
Status:
Active
Beds:
17
Lot size:
0.12 Acres
Year built:
1980
Baths:
MLS#:
R1532109

ADDITIONAL INFORMATION

A truly rare assemblage of two contiguous properties in the heart of Cornell Universities Collegetown. Both properties are zoned CR-3 which allows for redevelopment up to 3 stories in height. Studio apartments in the area start around $2000, with per bedroom rent ranging from $1700-$1900 for larger units. The lot offers nearly 100 feet of frontage on Linden Ave with a depth nearly the same. Currently two large houses occupy the two lots. Ithaca, NY is one of the fastest growing and highly sought after real estate markets in New York. Ivy League college town real estate is some of the most sought after in the county. Known for stability and appreciation, this is one of the last remaining large parcels likely to be offered to the general public. Inquire today for complete offering materials.

Type:
Other
Sq.Ft.:
4,760
Status:
Active
Beds:
14
Lot size:
0.35 Acres
Year built:
1890
Baths:
MLS#:
R1530195

ADDITIONAL INFORMATION

Welcome to your next opportunity at 414 Stewart Avenue, a remarkable multi-family property available for sale. This investment is situated in Lower College Town, offering an excellent location for both residents and investors. With 14 bedrooms, 4 bathrooms, 4 kitchens, and an ample parking lot for 13 vehicles, this property is perfect for those seeking a profitable venture. Spanning nearly 5000 square feet of finished living space. This property boasts proximity to Cornell University, making it an ideal choice for students, staff, and faculty members. New heating system for the garden level installed 2023, new appliances in 3 out of the 4 kitchens. Contact David or your Buyer agent today for more information and to schedule a viewing!

Type:
Other
Sq.Ft.:
6,558
Status:
Active
Beds:
18
Lot size:
0.5 Acres
Year built:
1903
Baths:
MLS#:
R1527302
Subdivision:
Section 92

ADDITIONAL INFORMATION

A select investment portfolio at 315-323 Hillview Place, Ithaca, NY, featuring three duplexes and one single-family residence, encompassing 7 units with a total of 18 bedrooms. Located near downtown Ithaca and essential bus connections, this collection is well-positioned in a high-demand area. Each duplex benefits from individual gas meters and comes equipped with necessary appliances, gas heat, and hot water systems, streamlining management. The ample parking availability enhances its attractiveness to prospective tenants. This portfolio represents a strategic opportunity for investors to secure a foothold in Ithaca's thriving rental market, focusing on long-term growth and property appreciation.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Ithaca Real Estate

The median home value in Ithaca, NY is $410,000. This is higher than the county median home value of $299,500. The national median home value is $338,100. The average price of homes sold in Ithaca, NY is $410,000. Approximately 23.89% of Ithaca homes are owned, compared to 66.63% rented, while 9.48% are vacant. Ithaca real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ithaca real estate agent to arrange a tour today!

Ithaca, New York has a population of 31,819. Ithaca is more family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 26.46%.

The median household income in Ithaca, New York is $40,973. The median household income for the surrounding county is $64,260 compared to the national median of $69,021. The median age of people living in Ithaca is 22.3 years.

Ithaca Weather

The average high temperature in July is 80.9 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 37.4 inches per year, with 63.3 inches of snow per year.

Ithaca Real Estate Market Conditions

  • Median sales price

    $410,000
    12.7% change since last quarter
  • # Active listings

    284
    30-day change

Ithaca Schools and Demographics

Education near Ithaca, NY

Metric City County
High School Graduates 96.54 94.96
College Degree - 2 year 6.36 9.52
College Degree - 4 year 69.22 55.27
Graduate Degree 24.74 17.78
Expenditures per Student 29,915 29,915
Students per Teacher 9.8 9.8

Elementary Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Belle Sherman School PK - 05 379 14 14850
Beverly J Martin Elementary School PK - 05 312 9.8 14850
Caroline Elementary School PK - 05 299 12.2 14881
Cayuga Heights Elementary School KG - 05 364 14.6 14850
Enfield School PK - 05 222 10.2 14850
Fall Creek Elementary School PK - 05 232 12.3 14850
Freeville Elementary School KG - 03 96 13.7 13068
Newfield Elementary School PK - 05 377 10.8 14867
Northeast School KG - 05 368 12.8 14850
Raymond C Buckley Elementary School KG - 04 457 13.1 14882
South Hill School PK - 05 324 12 14850

Middle Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Boynton Middle School 06 - 08 567 12.2 14850
Dewitt Middle School 06 - 08 502 11 14850
Lansing Middle School 05 - 08 339 10 14882
Newfield Middle School 06 - 08 181 10.3 14867

High Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Ithaca Senior High School 09 - 12 1,395 14 14850
Lansing High School 09 - 12 360 11.3 14882
New Roots Charter School 09 - 12 155 10.3 14850
Newfield Senior High School 09 - 12 232 11.6 14867

Ungraded Schools near Ithaca, NY

School Grades Students P/T Ratio ZIP
Finger Lakes Residential Center 07 - 11 44 14882
Lehman Alternative Community School 06 - 12 300 12.3 14850
Tompkins-Seneca-Tioga Boces KG - 12 232 9.4 14850

Demographics near Ithaca, NY

Metric City County
Neighborhood Type
Population 31,819 105,638
Population Density 5,904 223
Median Age 22.3 31.8
People per Household 1.9 2.1
Median Household Income 40,973 64,260
Average Income per Capita 26,423 37,250