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124 E State St
Ithaca, NY 14850
Retail Property For Sale
Investment Highlights
- Fully-equipped built out restaurant space on ground floor
- Located amongst a mix of retail stores, restaurants, banks, business services & professional office and apartments
- Floor Plan Size: Ground Floor – 1,593 SF Second Floor – 822 SF Third Floor – 822 SF Basement – 979 SF
- Second floor business has been a long term tenant
- Pricing, rent rolls & financials available to qualified buyers upon signing a nondisclosure disclosure statement
Executive Summary
Ithaca Commons - mixed use retail/office/apartment building. 3 stories, 4,216+/- sf in the heart of Ithaca Central Business District. Fully leased with mix of restaurant; beauty salon, & apartment tenants. Finacials provided upon signed NDA.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,216 SF
Building Class
C
Year Built
1975
Price
$887,828 CAD
Price Per SF
$210.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.90
Lot Size
0.05 AC
Zoning
CBD-60 - Central Business District
Parking
3 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 500700-070-000-0002-027-000-0000 | Improvements Assessment | $384,054 CAD |
| Land Assessment | $102,442 CAD | Total Assessment | $486,496 CAD |
Property Taxes
Parcel Number
500700-070-000-0002-027-000-0000
Land Assessment
$102,442 CAD
Improvements Assessment
$384,054 CAD
Total Assessment
$486,496 CAD
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