224 E State ST Active Save Request In-Person Tour Request Virtual Tour
Ithaca,NY 14850
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,090 sqft
Price per Sqft $206
MLS Listing ID R1531300
Construction Status Existing
HOA Y/N No
Year Built 1904
Annual Tax Amount $53,600
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 21X104
Property Sub-Type Apartment
Property Description
INVESTMENT OPPORTUNITY: High demand location in the Heart of the Finger Lakes, and home to Cornell University and Ithaca College. This Iconic four story building, in a prominent commercial corridor, “Restaurant Row”, and Gateway to the famous Ithaca Commons is looking for new ownership for the first time in many years. With over 12,000 SF, it was redesigned by architect Jason Demarest and under-went comprehensive renovations in 2016. This investment opportunity includes long term quality tenant Simeons Restaurant and offers elevator service to five, bright and spacious, 1 - bedroom and 1 - bedroom plus den apartments with high quality finishes. Ideal for investors aiming to capitalize on Ithaca's vibrant market, ensuring continuous demand and significant growth potential.
Location
State NY
County Tompkins
Area Ithaca-City-500700
Zoning CBD_60
Direction Corner of N. Aurora St. and E. State St. \"Restaurant Row\", East end of Commons
Rooms
Basement Full
Interior
Heating Electric,Heat Pump
Cooling Heat Pump,Central Air
Flooring Carpet
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected,Water Connected
Roof Type Membrane,Rubber
Handicap Access Accessible Elevator Installed
Building
Building Description Brick,Frame,Metal Siding,Wood Siding, Elevator(s),Floor Drain(s),Phone System,Private Restrooms
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Metal Siding,Wood Siding
Construction Status Existing
Schools
Elementary Schools Beverly J Martin Elementary
School District Ithaca
Others
Tax ID 500700-070-000-0003-007-000-0000
Security Features Fire Sprinkler System,Intercom
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard