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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, & pays for 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.
Structural inspection report and list of improvements available for review. Extensively renovated in 2011, this stately office building is now occupied by a collection of professional office tenants. Current rent roll is $6907/mo with one vacant office-could be nearly $90K/yr. 8 parking spaces on site, plus spaces in the attached 2500 sq.ft. barn/garage. Tall ceilings, hardwood floors, two kitchens and 1.5 baths. Main level ramp permits handicap access. Allowable uses include two-unit residential property, but more units or mixed use may be possible with variance and modifications. Buyers should consult their experts and City of Ithaca Building & Planning Depts to discuss their intentions. Some tenants have expressed interest in extending their leases.
5 unit apartment building located in the East Hill Historic District, convenient to both colleges and The Ithaca Commons. This is a beautiful bldg with hardwood flrs, 10' high ceilings, fireplace mantels, and some ornamental cresting on the western roof. Fully leased through 7.31.24 at $96,480 plus laundry and including all utilities. Income from one washer and dryer & potential income from 4 parking spaces is not included in this figure. Large lot Property extends up hillside at rear and includes 4 off street parking spaces, a detached garage (in as is condition), all of which are accessed off North Quarry Street. Lots more potential income from some under-rented units and unleased parking spaces. 2020 Certificate of Compliance for 11 unrelated occupants. Some units are partially furnished.
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!
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.
Extraordinary 10.75 acre parcel of land perfectly position in a highly centralized Town of Ithaca location, primed for creation of a captivating residential development. Zoned both Medium Density and Multiple Residence this rare opportunity has access to municipal water and sewer, is 1 block from the TCAT bus line, easy access to the East Ithaca Recreation Way and is 1.5 miles to the Cornell campus, 1/2 mile to edge of the City of Ithaca and a 10 minute walk to Belle Sherman Elementary School. The land is primarily level mixed with open meadows, mature trees and young growth. Residents will enjoy easy access to schools, Cornell, Ithaca College, recreation, shopping, all within a short distance of their doorstep. Urban convenience and suburban tranquility! Ability to build 79 units as of right and surrounded by well-established neighborhoods. Design a mix of housing options, from eco-friendly single-family homes to low maintenance functionally crafted townhomes. Southern exposure!Inclusions:Other - See Remarks
Extraordinary 10.75 acre parcel of land perfectly position in a highly centralized Town of Ithaca location, primed for creation of a captivating residential development. Zoned both Medium Density and Multiple Residence this rare opportunity has access to municipal water and sewer, is 1 block from the TCAT bus line, easy access to the East Ithaca Recreation Way and is 1.5 miles to the Cornell campus, 1/2 mile to edge of the City of Ithaca and a 10 minute walk to Belle Sherman Elementary School. The land is primarily level mixed with open meadows, mature trees and young growth. Residents will enjoy easy access to schools, Cornell, Ithaca College, recreation, shopping, all within a short distance of their doorstep. Urban convenience and suburban tranquility! Ability to build 79 units as of right and surrounded by well-established neighborhoods. Design a mix of housing options, from eco-friendly single-family homes to low maintenance functionally crafted townhomes. Southern exposure!
Exceptional "Once in a life time" Opportunity on the door step of Cornell University. Building is NOT historic! B4 Zoning allows 50% lot coverage and a 4 -story building. No Parking requirment per City of Ithaca Regs
Impressive circa 1915 Arts and Crafts style building converted to 6 desirable dwelling units. Located in the Cornell Heights Historic district and located near the suspension bridge that leads to the Cornell Arts Quad and the Johnson Museum. There is extensive original detailing throughout with impressive oak woodwork French doors, spacious rooms, large windows and a cathedral ceiling in the third story unit. There is off-street parking for 5 to 6 vehicles. Current owners have had the property for 40 years and have lovingly maintained it. Units are currently leased to late July 2024 and again until late July 2025, with many units renewing. Gross rents shown are for current leases with higher annual gross for '24-'25. Units are unfurnished. All tenants pay heat and cooking gas, 5 units pay electricity. Tenants do own trash. Parking is included as is hot and cold water. On premises laundry. Fire alarm system. Breakdown by unit of rents for current and next year are available through your agent
8 Four bedroom apartments and 1 Three bedroom apartment, Fully rented, Fully Furnished Apartments
Prime Lakefront Commercial zoned parcel in the Town of Ithaca on the East side of Cayuga Lake. Cornell Sailing Centre and marina across the street along with a lakeside town park. Fantastic panoramic lake views including Cornell University, Ithaca College and Stewart Park at the south end of Cayuga Lake. See zoning regulations in additional documents in MLS listing. Principal uses authorized by Special permit only: Restaurant, Hotel, Clubhouse, Mixed use commercial/residential, Institution of Higher-learning facilities. Phase 1 & 2 have been completed available upon request.
Flower Fashions by Haring. BUSINESS SALE ONLY. Family Owned and Operated Business for 65 Years serving the Greater Ithaca Area. Turn-Key Business Opportunity with owner to assist with transition. Business leases 2,800 SF at the Community Corners Shopping Center in Ithaca's Northeast. Strong walk-in business from nearby residents, businesses and students. Plus, established accounts with Cornell University, funeral homes, real estate offices, catering companies and other local businesses. Member of Teleflora wire service. Established web site and social media presence. Assumable lease under competitive terms. Equipment, furnishings, fixtures and delivery vehicle included with sale. Inventory extra. Leased space includes retail, office, greenhouse & storage. Financials provided upon signing an NDA. Sales Flyer accompanies listing.
Incredible Development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road with plans initiated by the current owner for a proposed development zone including 36 Townhomes and the potential to increase for more units within a compact, walkable mixed use community to support the continued operation of the golf course and preserve the park like open space. Great opportunity for a new developer to enhance or reconfigure for optimization. Parcels includes 4 desirable, single family homes along Hanshaw Road. This land is in both the Town of Ithaca and The Village of Cayuga Heights. Call Lister for details.
Incredible Development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road with plans initiated by the current owner for a proposed development zone including 36 Townhomes and the potential to increase for more units within a compact, walkable mixed use community to support the continued operation of the golf course and preserve the park like open space. Great opportunity for a new developer to enhance or reconfigure for optimization. Parcels includes 4 desirable, single family homes along Hanshaw Road. This land is in both the Town of Ithaca and The Village of Cayuga Heights. Call Lister for details.Inclusions:Land & Building,Other - See Remarks
Incredible development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the old Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road. Parcel includes existing clubhouse w/ Banquet space, pro shop, dining, kitchen, fitness area, multiple patios and more. This land is in both the Town of Ithaca and the Village of Cayuga Heights. Great opportunity for a new developer to enhance or reconfigure for optimization. Development for a boutique hotel has been proposed by the current owner and would fall under the initiated Proposed Development Zone. Call Lister for details.
Incredible development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the old Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road. Parcel includes existing clubhouse w/ Banquet space, pro shop, dining, kitchen, fitness area, multiple patios and more. This land is in both the Town of Ithaca and the Village of Cayuga Heights. Great opportunity for a new developer to enhance or reconfigure for optimization. Development for a boutique hotel and 36 Townhomes with the potential to increase for more units has been proposed by the current owner and would fall under the initiated Proposed Development Zone. Parcels includes 4 desirable, single family homes along Hanshaw Road. This land is in both the Town of Ithaca and The Village of Cayuga Heights. Call Lister for details.
Incredible development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the old Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road. Parcel includes existing clubhouse w/ Banquet space, pro shop, dining, kitchen, fitness area, multiple patios and more. This land is in both the Town of Ithaca and the Village of Cayuga Heights. Great opportunity for a new developer to enhance or reconfigure for optimization. Development for a boutique hotel has been proposed by the current owner and would fall under the initiated Proposed Development Zone. Call Lister for details.Inclusions:Land & Building,Other - See Remarks
Incredible development potential adjacent to Cornell University and Community Corners in the heart of Ithaca, NY. A key portion of the old Country Club of Ithaca that borders Pleasant Grove Road and Hanshaw Road. Parcel includes existing clubhouse w/ Banquet space, pro shop, dining, kitchen, fitness area, multiple patios and more. This land is in both the Town of Ithaca and the Village of Cayuga Heights. Great opportunity for a new developer to enhance or reconfigure for optimization. Development for a boutique hotel and 36 Townhomes with the potential to increase for more units has been proposed by the current owner and would fall under the initiated Proposed Development Zone. Parcels includes 4 desirable, single family homes along Hanshaw Road. This land is in both the Town of Ithaca and The Village of Cayuga Heights. Call Lister for details.Inclusions:Land & Building,Other - See Remarks
Ithaca's Northeast Business District -- free standing 3,003 SF commercial building sited on 1.29 acres. Opportunity / flexibility to repurpose existing building to fit use OR build new. Zoning allows for a drive-thru. Located just off NYS Rte. 13 near Triphammer Road Exit in the Cayuga Mall with national tenants to include Aldi's Food Market, Planet Fitness; Tru Value; Dollar Tree and, Big Lots. Nearby are Top's Market; Applebee's; Econo Lodge; Cayuga Blu Hotel & Shops at Ithaca Mall. Commercial High Traffic Zoning allows for a range of uses to include Restaurant; Fast Food; Motel / Hotel; and, more. All municipal services; plus, on-site parking. Short drive to Cornell University Campus; Downtown Ithaca; and Regional Airport.
Prime Northeast Location in the Village Office Complex! Rare opportunity to purchase a prime commercial condominium in the Northeast area of Ithaca. Easily accessible from major highway Route 13. Airport nearby. Reception area, eight offices, and an exceptional finished lower level that can be used for storage or additional office space. Previously used as a medical office and is already outfitted for a similar business to move right in!
If you're tired of looking for your investment property in Ithaca, then maybe it is time to build. This is a perfect opportunity to purchase a commercial property in a developing neighborhood. You could build multifamily housing that fits into the surroundings or you could owner occupy one side of a duplex and lease the other. The Village of Lansing is open for business, and this approximately one acre lot could be your next project. The site is zoned high density residential. Public water and sewer available, right on the TCAT route, and the potential is here for development opportunities. Call your agent to tour this property before someone else gets it.
This high visibility medical building is located in Lansing on Triphammer Road. High traffic count (AADT = 9350). The existing cardiology practice will be relocating later this year. The single tenant building is professional in appearance and offers 8005 sq. ft. in excellent condition. There is a dedicated parking area. It has single span construction that was completed in 2006 with a single-sloped roof intended to minimize maintenance. This building is readily reconfigurable to meet the needs of tenants. Nearby businesses include medical, dental, veterinary and chiropractic practices as well as restaurants, car dealerships and well known businesses such as Morgan Stanley, Target, Michaels and Best Buy. Lansing is a growing municipality just north of the Village of Ithaca, NY. It offers a recession resistant real estate market supported by Cornell.
This unique building has been operating as a bank. Located on Main Street in Odessa, this single story building has many use possibilities. Of course, another bank or credit union, but would also be ideal for a professional office, doctors office, personnel services or retail. Private parking with fantastic exposure on a busy state highway.
Rare and incredible investment opportunity! Purchase a Mobile Home Park with proven longevity and currently an approximate $96,000 annual gross income! This business has been owned and diligently cared for by the same person for over 18 years! Maximum total of 24 homes are permitted in the park. 19 homes are currently present and rented. 13 of these homes are owned by the Seller. Seller has electrical boxes on site allowing the opportunity for 5 additional homes to reach maximum capacity. An acceptable offer may include a variety of valuable maintenance tools and belongings; facilitating an easy and seamless transition for the new Owner. Close proximity and easy half-hour commute to Ithaca, Elmira, Owego, and Sayre. What is the likelihood that another investment opportunity like this will happen in the near future? Depending upon terms-Seller financing may be available.
