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    Ithaca, NY Commercial Real Estate for Sale

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    Class A Net-Leased Office Building
    Updated: Apr 3
    Class A Net-Leased Office Building

    798 Cascadilla St, Ithaca, NY 14850

    $3,600,000
    18,271 sqft
    100% occupied, fully leased net‑leased Class A professional office building
    NNN tenant mix includes a legal practice, an established engineering firm, and a high‑end fitness studio
    Building is maintained in impeccable condition, reflecting institutional‑grade ownership and care
    Located adjacent to the Cayuga Inlet with direct access to the Cayuga Waterfront Trail
    Nearby development includes Cayuga Medical Center specialist office facility and a recently completed 141‑unit multifamily development
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    This listing looks promising.

    Here's a quick look at some key insights for

    798 Cascadilla St, Ithaca, NY

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $303K
      Annual

    • Mortgage

      $200K
      Sep 2021

    • Last Sold

      Sep 2020
      $1.48M

    • Property Type

      Office Building
      Built 1980
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    Restaurant Property with Outdoor Seating
    Updated: May 28
    Restaurant Property with Outdoor Seating

    202 E Falls Street, Ithaca, NY 14850

    $595,000
    2,214 sqft
    Multiple outdoor seating areas including front patio seating and a spacious rear outdoor dining area
    Fully equipped commercial kitchen plus a full‑service bar area
    R2 zoning
    2,214 SF restaurant building
    Year built 1985
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    Historic Office Building with Porches
    Historic Office Building with Porches

    411 N Tioga Street, Ithaca, NY 14850

    $449,000
    2,938 sqft 0.13 AC lot

    Historic character, flexible office layout, and central air support continued commercial use.

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    Urban Winery Vineyard Property
    Urban Winery Vineyard Property

    815-817 Taber Street, Ithaca, NY 14850

    $999,000
    3,636 sqft 0.19 AC lot

    Zoned CSD with two tasting rooms and a fully equipped production room in an on-site winery setting.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    120 State Street East, Ithaca, NY 14850

    $2,150,000
    14,053 sqft 0.16 AC lot

    Three-story mixed-use building with ground-floor retail, renovated office space, and two 2-bedroom apartments.

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    Historic Hotel with Restaurant
    Historic Hotel with Restaurant

    2075-79 East Shore Drive, Lansing, NY 14882

    $949,000
    13,248 sqft 1.13 AC lot

    Historic three-story hotel offering a nine-room B&B plus an on-site pub and full commercial kitchen.

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    Flex Space Multi-Building Campus
    Flex Space Multi-Building Campus

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,374 sqft 0.44 AC lot

    Three-building flex campus with office, clear-span warehouse, and heated garage/workshop plus canal access and zoning Com/Res.

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    Creative Space with High Ceilings
    Creative Space with High Ceilings

    105, 107, 109 E Clinton Street, Ithaca, NY 14850

    $1,350,000
    6,400 sqft

    Two adjacent buildings in B-4 zoning with natural gas forced-air heating and central A/C.

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    Banquet and Event Center
    Banquet and Event Center

    1636 Shore Drive East, Ithaca, NY 14850

    $695,000
    6,488 sqft

    Event center with a turnkey commercial kitchen, indoor seating for up to 300, and a back deck for additional outdoor seating.

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    80-Room Motel
    80-Room Motel

    356 Elmira Road, Ithaca, NY 14850

    $7,300,000

    Brick lodging property with public water and sewer service, completed PIP, and flexible franchise options.

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    Development Land with Sweeping Views
    Development Land with Sweeping Views

    Mecklenburg Road, Ithaca, NY 14850

    $2,250,000
    70.11 AC lot

    Development land with views of Ithaca, Cornell, and Ithaca College.

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    Multi-Building Flex Property
    Multi-Building Flex Property

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,400 sqft 2.00 AC lot

    Commercially zoned site with offices, warehouse space, heated workshop areas, and vehicle parking across three separate buildings.

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    South Hill Business Campus
    South Hill Business Campus

    950 Danby Road, Ithaca, NY 14850

    $20,750,000
    284,591 sqft 56.00 AC lot

    Multi-tenant commercial campus near Ithaca College.

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    Historic Office and Medical Campus
    Historic Office and Medical Campus

    1251 & 1257 Trumansburg Rd, Ithaca, NY 14850

    $2,500,000
    10 sqft 10.18 AC lot

    Two-parcel campus includes a 1920 Gothic-style building, a fully leased 1970 office/medical building, and a freestanding storage structure.

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    Established Hair Salon Retail Space
    Established Hair Salon Retail Space

    903 Hanshaw Road, Ithaca, NY 14850

    Contact for pricing
    1,200 sqft

    Salon build-outs, equipment, furnishings, and fixtures are included with the business sale.

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    Downtown Office Building
    Downtown Office Building

    108 S ALBANY ST, Ithaca, NY 14850

    $479,000
    2,692 sqft

    Office building with 7–8 rentable spaces and a reported history of occupancy.

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    Bank Branch Building with Drive-Thru
    Bank Branch Building with Drive-Thru

    602 W State St, Ithaca, NY 14850

    Contact for pricing
    5,628 sqft

    Built out as a bank branch and office space with drive-thru service and on-site parking at a downtown corner location.

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    Triple-Net Gas Station & Store
    Triple-Net Gas Station & Store

    1414 Dryden Road, Ithaca, NY 13068

    Contact for pricing
    2,774 sqft 2.72 AC lot

    An absolute triple-net leased Mirabito gas station and convenience store with a Dunkin Donuts tenant in place.

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    Ithaca Development Site For Sale
    Ithaca Development Site For Sale

    301 Cayuga Street South, Ithaca, NY

    $2,100,000
    3,384 sqft

    Development site on the edge of Ithaca's Downtown Business District.

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    Ithaca Industrial Facility For Sale
    Ithaca Industrial Facility For Sale

    20 Bomax Dr, Ithaca, NY 14850

    Contact for pricing
    73,825 sqft

    73,825 SF industrial facility in Ithaca, NY, fully leased.

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    Retail Storefront Property
    Retail Storefront Property

    374 Elmira Road, Ithaca, NY 14850

    Contact for pricing
    3,246 sqft

    Located in an established retail trade area near restaurants, hotels, and national retailers.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    158 E State St, Ithaca, NY 14850

    $1,845,000
    6,670 sqft

    Four-story mixed-use building with fully leased retail, business service, and apartment floors.

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    Equipped Restaurant and Bar Space
    Equipped Restaurant and Bar Space

    404 W State St, Ithaca, NY 14850

    Contact for pricing
    1,792 sqft

    Turnkey restaurant and bar with outdoor seating available for sale.

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    Historic Mixed-Use Ithaca Commons Asset
    Historic Mixed-Use Ithaca Commons Asset

    109 N Cayuga St, Ithaca, NY 14850

    Contact for pricing
    9,012 sqft

    Well-maintained, renovated mixed-use property in the heart of Ithaca Commons.

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    Ithaca, NY Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Ithaca, NY, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 762,467 square feet of properties for sale, with an estimated market value of $52,805,000.

    Sale prices for business properties in Ithaca, NY start at $400,000, averaging $2,514,523, and reaching up to $20,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 73K
    Population Growth (5Y) -2.9%
    Median Household Income $71,184
    College Educated 58.0%

    High-Yield Neighborhoods for Investment

    Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14850 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $21.37 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Ithaca, NY

    • 14850
    • 14882
    • 13068
    • 77434

    Featured Ithaca Real Estate Agencies

    Realmo connects you with licensed Ithaca CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Pyramid Brokerage Company, Inc
    Ithaca, NY 14850
    www.pyramidbrokerage.com/

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