309 College Avenue

Active

Ithaca - City NY, 14850

$4,750,000

$490.91 per sqft

Active

9,676 sqft

Commercial

Built in 1968

Once in a lifetime opportunity in the heart of Cornell University's College town in Ithaca, NY. This prime development site is located within the MU-2 zone which allows for building height of 6 stories with 100% lot coverage and no parking requirements- potential to develop over 47,000SF on this site! Hotel, Student housing/apartments, condo and mixed use are all allowed along with numerous other options. Ithaca New York is an Ivy League college town that boast two major universities with over 30,000 students and has a population of over 100,000. Ithaca is also home to bio-tech manufacturing, regional hospital as well as several local community colleges. Located 4 hours from NYC, 3 hours from Albany, 2.5 hours from Buffalo and 1 hour from Syracuse. Property is being offered through a sealed bid process, all bids are due by 12/19/24. Contact listing agent for details and documents for sealed bid process.

R1572069

MLSⓇ ID

October 15, 2024

Listed

November 22, 2024

Updated

Map

309 College Avenue
Ithaca - City NY, 14850

Interior Features

Total Stories: 4
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Gas, Forced Air

Exterior/Building Features

Lot Size: 0.2 Acres
Roof: Membrane, Rubber
Sewer: Public Sewer

School Information

School District: Ithaca
Elementary School: Belle Sherman

Other Property Details

Area Name: Ithaca-City-500700
Garage: No
Parking: On Site
Parking Total: 5
View: No
County: Tompkins
Municipality: Not Applicable
Pool: No
Zoning: MU-2

Courtesy of Howard Hanna S Tier Inc, Kyle Steele

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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 7:36 PM UTC, 11/22/2024