Conventional Restaurant

Ithaca, NY Conventional Restaurants for Sale

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8 properties
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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
2,214 SF restaurant property built in 1985
Commercial kitchen with dedicated preparation and cooking space
Full‑service bar area for beverage and hospitality service
Front patio plus rear outdoor dining area
Paved or surfaced off‑street parking
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Historic Bed & Breakfast Property
Updated: Jun 12, 2025
Historic Bed & Breakfast Property

2075-79 East Shore Drive, Lansing, NY 14882

$949,000
13,248 sqft 1.13 AC lot
Nine‑room bed and breakfast with private baths, air conditioning, and Wi‑Fi
13,248 square feet on 1.13 acres
Three‑story brick building constructed in 1830
Third‑floor ballroom used as a breakfast area and event space
Ground‑floor bar and restaurant with commercial kitchen and rustic oak bar
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Historic 9-Room Bed & Breakfast
Historic 9-Room Bed & Breakfast

2075-79 East Shore Drive, Lansing, NY 14882

$949,000
13,248 sqft

Three-story brick landmark with guest accommodations, dining, and event space.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

202 E Falls Street, Ithaca, NY 14850

$595,000
2,214 sqft

Bright dining space includes a full-service bar, outdoor seating, and off-street parking.

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Equipped Restaurant and Bar Space
Equipped Restaurant and Bar Space

404 State Street West, Ithaca, NY 14850

$100,000
1,792 sqft

Turnkey restaurant and bar with outdoor seating available for sale.

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Mixed-Use Property with Restaurant Space
Mixed-Use Property with Restaurant Space

235 S Cayuga Street, Ithaca, NY 14850

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22,000 sqft

Multiple commercial spaces accommodate restaurant, kitchen, classroom, retail, and office functions.

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Built-Out Restaurant With Patio
Built-Out Restaurant With Patio

409 College Avenue, Ithaca, NY 14850

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3,980 sqft

Interior includes dining, bar, and kitchen areas with a dedicated outdoor patio.

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Restaurant Space with Hood
Restaurant Space with Hood

401 E State Street, Ithaca, NY 14850

Contact for pricing
1,600 sqft

Existing restaurant improvements include a hood, trap, and ancillary system within a compact commercial layout.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Apartment For Sale
Restaurant and Apartment For Sale

401 E Fourth St, Watkins Glen, NY 14891

$259,900
3,822 sqft

Restaurant with apartment in downtown Watkins Glen. Business opportunity!

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Bella Pizza Restaurant
Bella Pizza Restaurant

293 Main St, Cortland, NY 13045

$175,000

Bella Pizza is offered as a restaurant business opportunity for sale.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

Watkins Glen, NY 14891

$1,800,000

Operating restaurant, business assets, and two duplex properties are included in the offering.

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Restaurant Building with Open Layout
Restaurant Building with Open Layout

219 1/2 Tompkins Street, Cortland, NY 13045

$385,000
3,378 sqft 0.73 AC lot

Commercial building with adaptable interior space, updated roofing, central air, and accessible restrooms.

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Ithaca, NY Conventional Restaurants Market Trends and Statistics

Explore 8 conventional restaurants for sale in Ithaca, NY, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 60,296 square feet of properties for sale, with an estimated market value of $3,188,000.

Sale prices for conventional restaurants in Ithaca, NY start at $100,000, averaging $637,600, and reaching up to $949,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 14
Bars & Pubs 7
Commercial kitchens 7

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 $215K

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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