Address
508 W State Street, Ithaca-City, NY
Price
$ 385,000
Property Attributes
  • MLS#IB405048
  • TypeCommercial
  • CountyTOMPKINS
  • CityIthaca-City
  • AreaIthaca-City
  • Zip14850
  • StyleCommercial
  • Price$ 385,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1507
  • Lot Size2,145 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Looking for an investment opportunity in the heart of Ithaca? This property has a 5-year, NNN lease in place. Located a half block from the $18M housing and retail development project Iron Works Ithaca and next door to GIMMEE Coffee, Saigon Kitchen, Maru Ramen, and the State Diner. This area of town is booming! Large open space, currently with storage area, 2 bathrooms. Freshly painted interior, updated heating, and air conditioning, updated 200 AMP electrical service, plumbing. High traffic count right off Route 13 North. Many possibilities...Zoned B-2C. Inclusions: Land & Building

Elementary School
Beverly J Martin Elementary
Price History
2/12/2024 Listed $385,000

General Features

Heating Gas,ForcedAir
Utilities SewerAvailable,WaterConnected
Possession CloseOfEscrow
Roof Metal
Garage Spaces 0.0
Construction Materials Frame
Year Built 1975
Township Not Applicable
Property SubType Commercial
Business Type ConvenienceStore,BarTavernLounge
County Tompkins
Property Type CommercialSale
Possible Use Residential,Retail
Building Features PublicRestrooms
Status Active
City Ithaca-City
High School District Ithaca
Total Units 1
MLS Area Ithaca-City-500700
Lot Size Square Feet 2145.0
Waterfront Y/N No
Street Name State
Elementary School Beverly J Martin Elementary
Year Built Details Existing
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/ithaca/405048
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 225000
Property Sub Type Additional Commercial

Interior Features

Basement Partial
Basement (Y/N) Yes
Heating Y/N Yes
Street Suffix Street

Exterior Features

Lot Features CityLot,Other,SeeRemarks
Water Source Connected,Public
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 0.0492
Foundation Details Block
Number of Buildings 1
Building Area Total 1507.0
Lot Dimensions 33X65
Lot Size Acres 0.0492
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 $1.9M
$390K
Visits
AVG 53
75
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1975

Areas We Cover

Fair Housing Icon NY Fair Housing Notice