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120 E State St
Ithaca, NY 14850
120 E State St · Bureau Propriété À vendre
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Faits saillants de l'investissement
- Located on Ithaca Commons pedestrian mall in the city’s Central Business District.
- Recently renovated office space and two large two-bedroom apartments on upper floors.
- Surrounded by restaurants, retailers, and service businesses with strong pedestrian activity.
- Ground floor retail, second-floor office, and upper-level residential units create a balanced income mix.
- Favorable CBD-60 zoning allows for potential vertical expansion up to six stories.
- Close proximity to Cornell University and Ithaca College enhances tenant demand.
Résumé de l'annonce
This four-story mixed-use property is located on the iconic Ithaca Commons pedestrian mall in the heart of the city’s Central Business District. The building offers a unique investment opportunity with a diverse tenant mix and multiple income streams. The ground floor features a long-standing retail presence, while the second floor provides recently renovated office space. The third and fourth floors include two spacious two-bedroom apartments, with additional flex space for future expansion or new uses.
The property benefits from favorable CBD-60 zoning, which, combined with the lot size and building footprint, allows for potential vertical development up to six stories. Its prime location ensures strong foot traffic and visibility, surrounded by a vibrant mix of retailers, restaurants, and service businesses. The site is within a short drive of Cornell University and Ithaca College, adding to its appeal for both commercial and residential tenants.
The property benefits from favorable CBD-60 zoning, which, combined with the lot size and building footprint, allows for potential vertical development up to six stories. Its prime location ensures strong foot traffic and visibility, surrounded by a vibrant mix of retailers, restaurants, and service businesses. The site is within a short drive of Cornell University and Ithaca College, adding to its appeal for both commercial and residential tenants.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Loft
Taille du bâtiment
14 500 pi²
Classe d’immeuble
B
Année de construction
1975
Prix
2 991 273 $ CAD
Prix par pi²
206,29 $ CAD
Pourcentage loué
88%
Location
Multiples
Hauteur du bâtiment
4 étages
Superficie de plancher typique
2 635 pi²
Coefficient d’occupation des sols de l’immeuble
6,39
Taille du lot
0,05 AC
Zonage
CBD-60
Impôts fonciers
| Numéro de lot | 500700-070-000-0002-028-000-0000 | Évaluation des bâtiments | 212 172 $ CAD |
| Évaluation du terrain | 93 912 $ CAD | Évaluation totale | 306 084 $ CAD |
Impôts fonciers
Numéro de lot
500700-070-000-0002-028-000-0000
Évaluation du terrain
93 912 $ CAD
Évaluation des bâtiments
212 172 $ CAD
Évaluation totale
306 084 $ CAD
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