$2,500,000

224 E State St, Ithaca, NY 14850


 

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- and 2-bedroom Apartments With High Quality Finishes. Ideal for Investors Aiming to Capitalize on Ithaca's Vibrant Market, Ensuring Continuous Demand and Significant Growth Potential.

Property Type: Hospitality, Mixed Use, Retail
Subtype: Bar, Restaurant, Storefront
Tenancy: Multi
Number of Tenants: 6
Square Footage: 12,090
Occupancy: 100%
Units: 6
Year Built: 1904
Buildings: 1
Stories: 4
Zoning: CBD_60
Lot Size (acres): 0.05

Contact me for more information

Laura Fiore, Relocation Specialist

Laura Fiore
NYS Lic. Associate Real Estate Broker - GRI, CBR, SRES

(c) 607-351-6155
(e) lfiore@warrenhomes.com
Warren Real Estate - 830 Hanshaw Rd, Ithaca, NY 14850