Address
227 Cherry Street, Ithaca-City, NY
Price
$ 1,250,000
Property Attributes
  • MLS#R1515218
  • TypeCommercial
  • CountyTOMPKINS
  • CityIthaca-City
  • AreaIthaca-City
  • NeighborhoodNeil Wallace Cherry
  • Zip14850
  • StyleIndustrial
  • Year Built1978
  • Taxes$ 10692
  • Price$ 1,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10760
  • Lot Size1.1 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Centrally located commercial buildings located in the City of Ithaca's Cherry Street Business Park. This 1.1 acre parcel offers a great opportunity with two warehouse style buildings less than half a mile from the Route 13 Commercial corridor. Building #1 at 7400 SF currently leased till 12/31/24 with retail business. This space offers concrete floors, high ceilings, entry way w/ ramp, multiple storage rooms, and restrooms w/ multiple stalls. Building #2 at 3360 SF is currently leased month to month. This warehouse space offers concrete floors, high ceilings, loading dock, and 1/2 bath. Plenty of power available and buildings are connected through an exterior breezeway. Nearby are several businesses to include Tompkins County Chamber of Commerce & Visitors Center, Wegmans, and Ports of NY winery. Sales flyer, floor plan, and 3D tour accompany the listing. Inclusions: Land & Building. OM available upon request.

Price History
2/12/2024 Listed $1,250,000

General Features

Sewer PublicSewer
Heating Electric,Gas,HeatPump,Zoned,ForcedAir
Cooling HeatPump,CentralAir
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow,SubjectToTenantRights
Roof Other,SeeRemarks
Zoning I1 / CSD
Construction Materials Block,Frame,MetalSiding
Year Built 1978
Electric Item3Phase,Other
Stories 1
Township Not Applicable
Levels One
Property SubType Industrial
Accessibility NoStairs,AccessibleApproachwithRamp
Business Name FOUND & Brancini Sou
County Tompkins
Net Operating Income 47628.0
Property Type CommercialSale
Subdivision Name Neil Wallace Cherry
Possible Use Other,Retail,Warehouse
Building Features LoadingDock,PublicRestrooms
Status Active
Directions Take Route 13 North and make a right on Cecil Malone. Make first left on Cherry Street,227 is on the left.
City Ithaca-City
High School District Ithaca
Zoning Description Light Industrial
MLS Area Ithaca-City-500700
Lot Size Square Feet 47916.0
Waterfront Y/N No
Street Name Cherry
Year Built Details Existing
Tax Annual Amount 10692.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://tours.actionhousemedia.com/tours/nwuWPlTfs
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 300000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 6
Property Sub Type Additional Commercial,Other

Interior Features

Basement None
Flooring Concrete
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features Driveway,OnSite
Lot Features IrregularLot
Water Source Public
Total Parking 20.0
Inclusions Land and Building
Lot Size Area 1.1
Number of Buildings 2
Building Area Total 10760.0
Lot Dimensions 196X354
Lot Size Acres 1.1
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 14850

Price
AVG $1.86M
$1.25M
Taxes
AVG $25,735
$10,692
Visits
AVG 55
73
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1978

Areas We Cover

Fair Housing Icon NY Fair Housing Notice