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Fulton Plaza 220-228 S Fulton St 6,680 SF 100% Leased Retail Building Ithaca, NY 14850 $2,050,575 CAD ($306.97 CAD/SF) 7.53% Cap Rate



Investment Highlights
- 100% Occupancy, Longstanding Tenants, Prime Location
Executive Summary
Built in 1995, this well-established retail center has been a cornerstone of the Greater Ithaca community for over 25 years, hosting a roster of successful, long-term tenants. With secure, in-place leases and proven tenant stability, this property offers investors a low-risk, income-generating asset in a highly desirable trade area. Strategically positioned just around the corner from Wegmans, Home Goods, and other national retailers, Fulton Street Plaza enjoys exceptional visibility, easy access, and abundant on-site parking – a rare combination that drives consistent foot traffic and customer convenience. Long-term, creditworthy tenants with established track records further enhance the property’s stability, while its prime corner location in a high-demand retail corridor ensures enduring value. Properties of this caliber rarely come to market. Don’t miss this exceptional opportunity to acquire a stable, cash-flowing asset with immediate value-add potential in one of Ithaca’s most sought-after commercial hubs. CHECK OUT THE VIRTUAL TOUR! Financial Records available upon request and Signing NDA. Contact Jen 607-651-6535. jennifer@lamacompanies.com
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,680 SF
Building Class
B
Year Built
1995
Price
$2,050,575 CAD
Price Per SF
$306.97 CAD
Cap Rate
7.53%
NOI
$154,501 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
WE/WF
Parking
20 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
211’ on Fulton St
Amenities
- Corner Lot
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Treasure Chest
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Treasure Chest | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 500700-079-000-0002-001-002-0000 | Improvements Assessment | $957,880 CAD |
| Land Assessment | $273,680 CAD | Total Assessment | $1,231,560 CAD |
Property Taxes
Parcel Number
500700-079-000-0002-001-002-0000
Land Assessment
$273,680 CAD
Improvements Assessment
$957,880 CAD
Total Assessment
$1,231,560 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
LAMA COMMERCIAL REAL ESTATE LLC
Fulton Plaza | 220-228 S Fulton St
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