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124 E Court St
Ithaca, NY 14850
Office Property For Sale
Investment Highlights
- Spacious two-story commercial building
- Corner lot with on-site parking
- Walkable neighborhood with mix of professional / medical office and residential
- Space Plan mix of reception area; private offices; meeting rooms; open / flex space; kitchenette / break room; and multiple bathrooms
- Past use office but potential to repurpose to multi-family
- Within short walk of Ithaca Commons - retail; restaurants; banking and other services
Executive Summary
Office Building in Downtown Ithaca with potential to convert to residential or multi-family. Two-story 5,656 SF commercial building on 0.13 acres with on-site parking for 6-8 vehicles. Walkable neighborhood within short distance of business district - retail; restaurants; and banking; professional and other services.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,656 SF
Building Class
C
Year Built
1975
Price
$1,027,407 CAD
Price Per SF
$181.65 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,828 SF
Building FAR
1.00
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R-2B
Parking
5 Spaces (0.88 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 500700-049-000-0002-013-000-0000 | Improvements Assessment | $603,148 CAD |
| Land Assessment | $82,247 CAD | Total Assessment | $685,395 CAD |
Property Taxes
Parcel Number
500700-049-000-0002-013-000-0000
Land Assessment
$82,247 CAD
Improvements Assessment
$603,148 CAD
Total Assessment
$685,395 CAD
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