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    Lansing, NY Commercial Real Estate for Sale

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    South Hill Business Campus
    Updated: Mar 25
    South Hill Business Campus

    950 Danby Road, Ithaca, NY 14850

    $20,750,000
    284,591 sqft 56.00 AC lot
    95.5% Occupied Multi‑Tenant Commercial Campus
    ±284,591 sq. ft. building on ±56 acres
    Diversified tenancy with long‑term leasing flexibility
    Located adjacent to Ithaca College, 1 mile from downtown Ithaca
    1,200 surface parking spaces**
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    This listing looks promising.

    Here's a quick look at some key insights for

    950 Danby Road, Ithaca, NY, 14850

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $1.76M
      Annual

    • Price @ 7% Cap

      $25.14M
      Above asking

    • Property Type

      Manufacturing (Light)
      Built 1957
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    Restaurant with Outdoor Dining
    Updated: May 28
    Restaurant with Outdoor Dining

    202 E Falls Street, Ithaca, NY 14850

    $595,000
    2,214 sqft
    Restaurant property built in 1985 with block, concrete, and wood siding construction materials
    Fully equipped commercial kitchen with ample prep and cooking space
    Full‑service bar area for cocktails, wine service, and craft beverages
    Outdoor seating includes a front patio and a spacious rear outdoor dining area
    Off‑street paved/surfaced parking for customer, staff, and delivery access
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    Multi-Building Industrial Property
    Multi-Building Industrial Property

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,374 sqft 0.44 AC lot

    Three versatile buildings totaling about 8,400 SF include an office building, clear-span warehouse, and heated garage/shop.

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    Urban Winery Production and Tasting Facility
    Urban Winery Production and Tasting Facility

    815-817 Taber Street, Ithaca, NY 14850

    $999,000
    3,636 sqft 0.19 AC lot

    Turnkey winery with on-site production room, two tasting rooms, and a private courtyard for experiences.

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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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    Historic Inn and Restaurant Property
    Historic Inn and Restaurant Property

    2075-79 East Shore Drive, Lansing, NY 14882

    $949,000
    13,248 sqft 1.13 AC lot

    Three-story brick inn offers a nine-room B&B with private baths plus an on-site pub and full commercial kitchen.

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    Mixed-Use Office & Studio Property
    Mixed-Use Office & Studio Property

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

    $1,350,000
    6,400 sqft

    Two connected buildings with B-4 zoning near a signaled corner, including a vacant space with 15-foot ceilings.

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    30-Acre Lansing Development Opportunity
    30-Acre Lansing Development Opportunity

    N Triphammer Road, Lansing, NY 14850

    $3,500,000
    30.81 AC lot

    30-acre parcel in Lansing, NY, ideal for commercial or residential development.

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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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    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 Commercial Property in Ithaca
    Multi-Building Commercial Property in Ithaca

    615 Five Mile Dr, Ithaca, NY 14850

    $425,000
    8,400 sqft 0.44 AC lot

    Versatile commercial property with income and redevelopment potential.

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    Class A Net-Leased Office Building
    Class A Net-Leased Office Building

    798 Cascadilla St, Ithaca, NY 14850

    $3,600,000
    18,271 sqft

    Fully leased, net-leased Class A office building with NNN tenants including legal, engineering, and fitness.

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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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    Turn-Key Banquet & Event Center
    Turn-Key Banquet & Event Center

    2331 Slaterville Road, Ithaca, NY

    $1,097,000
    13,180 sqft

    Banquet and event center on 7.95+/- acres near Ithaca.

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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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    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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    Industrial Flex Building with Cranes
    Industrial Flex Building with Cranes

    226 Cecil Malone Dr, Ithaca, NY 14850

    Contact for pricing
    46,822 sqft

    Single NNN tenant occupies most space; additional 10,000–12,000 SF warehouse space is available to lease.

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    Medical Office Building For Sale
    Medical Office Building For Sale

    2 Ascot Pl, Ithaca, NY 14850

    $1,950,000
    7,905 sqft 2.17 AC lot

    Multi-tenant medical office building in Northeast Ithaca for sale.

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    Two-Story Retail Showroom Building
    Two-Story Retail Showroom Building

    311 N Meadow St, Ithaca, NY 14850

    Contact for pricing
    1,651 sqft

    Two-story retail building with three large showrooms, basement and attic, plus on-site parking and two outside entries.

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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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    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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    Industrial Building with Overhead Doors
    Industrial Building with Overhead Doors

    226 Cecil Malone Dr, Ithaca, NY 14850

    Contact for pricing
    26,400 sqft

    Former Triangle Steel Plaza features 3-phase power, high ceilings, and multiple 12x16 overhead doors for warehouse operations.

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    Downtown Ithaca Office Conversion Potential
    Downtown Ithaca Office Conversion Potential

    124 E Court St, Ithaca, NY 14850

    Contact for pricing
    5,656 sqft 0.13 AC lot

    Two-story, 5,656 SF building with conversion potential.

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    Lansing, NY Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Lansing, NY, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 796,460 square feet of properties for sale, with an estimated market value of $49,259,000.

    Sale prices for business properties in Lansing, NY start at $400,000, averaging $2,462,950, 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 4,193
    Population Growth (5Y) +3.0%
    Median Household Income $94,886
    College Educated 73.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Lansing $538.8K
    Ithaca $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.62%
    Property Tax per SF $31.19 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lansing, NY

    • 14850
    • 14882

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