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209 W State St 0.3 Acres of Commercial Land Offered at $2,478,402 CAD in Ithaca, NY 14850
INVESTMENT HIGHLIGHTS
- Up to six-story 62 foot tall structure can be developed
- Nearby endless popular restaurants and retail amenities
- Close access to routes 96, 89, & 34
- 0.9 miles to Cornell University & 1.4 miles to Ithaca College
- Unbeatable convenience, visibility & exposure in dense mixed-use environment
- Site well-positioned for residential development or mixed-use building
PROPERTY FACTS
| Price | $2,478,402 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Property Type | Land | ||
| Zoning | CBD-2 - Central Business District | ||
| Price | $2,478,402 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.30 AC |
| Zoning | CBD-2 - Central Business District |
1 LOT AVAILABLE
Lot
| Price | $2,478,402 CAD | Lot Size | 0.30 AC |
| Price Per AC | $8,261,339.66 CAD |
| Price | $2,478,402 CAD |
| Price Per AC | $8,261,339.66 CAD |
| Lot Size | 0.30 AC |
DESCRIPTION
Steps away from the vibrant Commons within Ithaca's center city, 209 W State Street offers a .30 acre development opportunity in the heart of the city. * Zoned CBD-60 Central Business District, allowing for a broad range of uses * Site must allow for a 10 ft rear setback. Entirety of remainder of parcel can be utilized. * Maximum building height of 62 ft (approximately 6 stories - ground floor 12 ft and remaining floors 10 ft) * City of Ithaca planning department estimates site can comfortably accommodate around 60 residential units * .4 minute drive and 20 minute walk from Cornell University, 1.4 miles to Ithaca College * Existing 4,578 square foot medical office building situated on the parcel
PROPERTY TAXES
| Parcel Number | 500700-071-000-0004-001-001-0000 | Improvements Assessment | $1,064,625 CAD |
| Land Assessment | $176,262 CAD | Total Assessment | $1,240,888 CAD |
PROPERTY TAXES
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209 W State St
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