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Highlights

  • Lease 1,134 SF of prime ground-level retail space at the Old Cigar Factory, which features open layouts, high ceilings, and large display windows.
  • Located on Ithaca Commons near TCAT bus hubs, with access to Cornell and Ithaca College, drawing 70K residents and 60K daytime employees nearby.
  • Positioned below residential units, the space benefits from built-in foot traffic, ideal for boutique retail or food concepts seeking visibility.
  • Surrounded by Paris Baguette, The Outdoor Store, and local shops, the corridor thrives on events, dining, and strong $720M annual consumer spending.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 108
  • 1,134 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

108 E State Street features a granite exterior facing in a renovated storefront. An energy-efficient VRF heat pump serves heating and cooling for the excellent retail space.

  • Listed rate may not include certain utilities, building services and property expenses
  • Located in-line with other retail
  • High Ceilings
  • Private Restrooms
  • Fully Built-Out as Standard Retail Space
  • Central Air and Heating
  • Finished Ceilings: 12’
  • Smoke Detector
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 108 1,134 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

1st Floor, Ste 108

Size
1,134 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor, Ste 108

Size 1,134 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

108 E State Street features a granite exterior facing in a renovated storefront. An energy-efficient VRF heat pump serves heating and cooling for the excellent retail space.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • High Ceilings
  • Finished Ceilings: 12’
  • Private Restrooms
  • Smoke Detector
  • View 108-114 E State Street Floor Plan

Matterport 3D Tour

View 108-114 E State Street Virtual Tour

Property Facts

Total Space Available 1,134 SF
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 19,986 SF
Year Built/Renovated 1975/2016

About the Property

108 E State Street, The Old Cigar Factory, in Ithaca, New York, presents a prime retail leasing opportunity featuring 1,134 square feet of fully built-out ground-floor space with an open layout and expansive display windows. Renovated in 2016, the space features high 12-foot ceilings, granite exterior finishes, LED-lit frontage, and an energy-efficient VRF heat pump system for year-round comfort. ADA-compliant features, including a demised restroom and integrated storage, enhance operational efficiency. Located beneath residential apartments, the space benefits from a built-in customer base while capturing consistent foot traffic from the surrounding downtown environment, positioning it as an ideal setting for retail concepts seeking visibility, functionality, and immediate occupancy. Strategically located within the Ithaca Commons, one of the city’s most active commercial corridors, with direct access to the Tompkins Consolidated Area Transit network. Green Street and Seneca Street bus stops sit within a five-minute walk, connecting the site to Cornell University and Ithaca College. The surrounding trade area includes approximately 70,000 residents within a 5-mile radius and an additional 60,000 daytime employees within 2 miles, generating $720 million in annual consumer spending. Neighboring retailers such as Paris Baguette, The Outdoor Store, Benjamin Peters, and Home Green Home contribute to a vibrant retail ecosystem that drives cross-shopping. Situated in the heart of a dynamic, walkable downtown, the Ithaca Commons serves as a year-round destination for dining, shopping, festivals, and community events. A highly educated and diverse population, driven by the presence of Cornell University and Ithaca College, supports demand for experiential retail, food and beverage, and boutique concepts. 108 E State Street offers a rare opportunity to establish a presence within a tightly held corridor where consistent activity, strong demographics, and a built-in customer base converge to support long-term retail success.

Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
20,945
57,111
67,600
2030 Population
20,780
57,377
67,777
2025-2030 Projected Population Growth
-0.8%
0.5%
0.3%
Median Age
28.0
28.1
29.0
College Degree + Higher
61%
63%
62%
Daytime Employees
16,892
62,913
70,638
Total Businesses
2,101
3,273
4,056
Average Household Income
$80,926
$93,059
$96,822
Median Household Income
$47,661
$56,775
$63,872
Total Consumer Spending
$221.5M
$571.2M
$718.9M
2025 Households
9,245
21,011
25,641
Average Home Value
$345,783
$387,737
$379,074
$ values in USD

Nearby Major Retailers

CrossFit
Chase Bank
Community Bank, N.A.
Elmira Savings Bank
Texas Roadhouse
Chili's Grill & Bar
Rent-A-Center
Orangetheory Fitness
Wegmans
HOTWORX
  • Listing ID: 29403672

  • Date on Market: 2023-12-13

  • Last Updated:

  • Address: 108-114 E State St, Ithaca, NY 14850

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