NY > Ithaca
Ithaca, NY 14850,224 E State ST
Ithaca, NY 14850,224 E State ST
Ithaca, NY 14850,224 E State ST
Ithaca, NY 14850,224 E State ST
Ithaca, NY 14850,224 E State ST
Ithaca, NY 14850,224 E State ST
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Michael Miceli

Michael Miceli

+1(315) 591-6101
$ 2,500,000
Est. payment | /mo

12,090 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

12,090 SqFt

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

Listed by Warren Real Estate of Ithaca Inc. 607-351-6155
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(315) 591-6101

michael.miceli@westlightrealestate.com

19 Mccracken Drive, Oswego, New York, 13126, USA

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224 E State ST