531 ESTY Street

Sold

Closed

Ithaca - City NY, 14850

$1,700,000

$108.97 per sqft

Sold

Closed

15,600 sqft

Commercial

Built in 1900

High-Tech Industrial Chic. 3-Story Brick Office Building. 15,600 SF .34 acres. 18-space Parking Lot. High Visibility in WEDZ-1a & Opportunity Zone. Strong modified NNN lease to a single tenant in place until 11/2024. Prime Investment property ideal for residential conversion. Views of Cornell and Cayuga Inlet. Was the T.G. Miller Paper Warehouse, 1910-1999. Now state-of-the-art after a gut renovation in 2000 -- retaining the original high ceilings, exposed brick walls, posts & beams -- 3-story glass atrium, elevator, over 30 offices, flex workspaces, 3 conference rooms, kitchen, 6 bathrooms, new windows, sprinkler system, HVAC, plumbing, electric, lighting, insulation, roof. Separate utilities and non-load bearing walls. Potential: 1) Apartments on all three floors 2) Live/Work: Apartments and offices 3) Boutique hotel 4) additional 4-story building ABOVE the parking lot. Easy access to Route 13. Close to Ithaca Bakery, Greenstar, Cayuga Inlet, City Harbor. SEE VIRTUAL TOUR!Inclusions:Land & Building

IB406864

MLSⓇ ID

June 8, 2022

Listed

October 15, 2024

Updated

Map

531 ESTY Street
Ithaca - City NY, 14850

Interior Features

Interior Features: Ceiling Fan(s)
Floor Description: Carpet, Laminate, Varies, Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Heat Pump, Separate Meters, Central Air
Heating: Yes
Heating Description: Ductless, Electric, Gas, Heat Pump, Separate Meters, Baseboard, Forced Air, Hot Water

Exterior/Building Features

Lot Size: 0.34 Acres

School Information

School District: Ithaca
Elementary School: Beverly J Martin Elementary

Other Property Details

Area Name: Ithaca-City-500700
Days on Market: 382
Garage: No
Parking: On Site, Parking Available
View: No
County: Tompkins
Municipality: Not Applicable
Water Source: Connected, Public
Pool: No

Courtesy of Warren Real Estate Downtown Office, Laurel Guy

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Ellen O'Connor, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Data last updated 12:05 AM UTC, 10/15/2024