Address
101 W State Street, Ithaca-City, NY
Price
$ 1,150,000
Property Attributes
  • MLS#R1517540
  • TypeCommercial
  • CountyTOMPKINS
  • CityIthaca-City
  • AreaIthaca-City
  • Zip14850
  • StyleCommercial
  • Year Built1945
  • Taxes$ 11393
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size1,498 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

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 both building and business.

Elementary School
Belle Sherman Elementary School
Price History
2/12/2024 Listed $1,150,000

General Features

Sewer PublicSewer
Heating Gas,Central
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Flat,Other,SeeRemarks
Zoning CBD-60 -
Year Built 1945
Stories 3
Township Not Applicable
Property SubType Commercial
Business Type BarTavernLounge
County Tompkins
Net Operating Income -11393.0
Property Type CommercialSale
Possible Use Other
Status Active
Directions The southwestern corner of Cayuga and State Street
City Ithaca-City
High School District Ithaca
Zoning Description Commercial
MLS Area Ithaca-City-500700
Lot Size Square Feet 1500.0
Waterfront Y/N No
Street Name STATE
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 11393.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 300000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Commercial

Interior Features

Flooring Linoleum,Vinyl
Total Stories 3
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Water Source Public
Total Parking 1.0
Inclusions Building Only
Lot Size Area 0.0344
Number of Buildings 1
Building Area Total 4500.0
Lot Dimensions 25X60
Lot Size Acres 0.0344
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
$1.15M
Taxes
AVG $25,735
$11,393
Visits
AVG 55
77
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1945

Your Agent

Mike LaCava

Lic R.E. Salesperson

315-563-2907

Listed By
Andrew Schreck with Warren Real Estate of Ithaca Inc. (Downtown);

Areas We Cover

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