520 West State Street

Active

Ithaca - City NY, 14850

$950,000

$112.77 per sqft

Active

8,424 sqft

Commercial

Built in 1980

This exceptional brick building, situated in Ithaca's downtown West End, presents a remarkable investment opportunity with significant financial growth potential. The property has 5 fully leased spaces, boasting a long-time tenant base. Strategically located with high visibility right off Rt 13N, ensuring excellent exposure and accessibility. Spanning from State St. to Seneca St., it offers two convenient means of access, enhancing its appeal for tenants and visitors alike. It includes 19 dedicated parking spaces, an asset in the bustling area. Zoning allows for approximately 5 story building providing ample opportunities for future development and expansion. For detailed information on the numerous updates and enhancements this property offers, please contact the listing agent.

R1542689

MLSⓇ ID

June 5, 2024

Listed

November 22, 2024

Updated

Map

520 West State Street
Ithaca - City NY, 14850

Interior Features

Total Stories: 1
Floor Description: Carpet
Fireplace: No
Cooling: Yes
Cooling Description: Heat Pump, Zoned
Heating: Yes
Heating Description: Electric, Gas, Heat Pump, Zoned, Baseboard, Hot Water

Exterior/Building Features

Lot Size: 0.42 Acres
Lot Features: Irregular Lot
Roof: Metal
Sewer: Public Sewer

School Information

School District: Ithaca
Elementary School: Beverly J Martin Elementary

Other Property Details

Area Name: Ithaca-City-500700
Taxes: $21,085
Tax Frequency: Annually
Days on Market: 154
Garage: Yes
Parking: On Site
Parking Total: 19
View: No
County: Tompkins
Municipality: Not Applicable
Pool: No
Zoning: B-2c

Courtesy of Warren Real Estate of Ithaca Inc., Laura Fiore

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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 6:13 PM UTC, 11/22/2024