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    Ithaca, NY
    Conventional Restaurant

    Ithaca, NY Conventional Restaurants for Sale

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    Trumansburg, NY Interlaken, NY Genoa, NY Freeville, NY Locke, NY Venice, NY Groton, NY Moravia, NY
    6 properties
    Historic Inn and Restaurant
    Updated: Dec 8, 2019
    Historic Inn and Restaurant

    2075 E Shore Dr, Lansing, NY 14882

    $1,150,000
    13,248 sqft 1.13 AC lot
    Historic inn and bed & breakfast on 1.13 acres, located on the Cayuga Wine Trail
    Includes 2 commercial buildings totaling 13,248 SF (11,808 SF and 1,440 SF)
    Operating B&B with 9 rooms
    Pub/restaurant under lease seating 90 inside/out, fully fixtured and equipped
    Additional commercial space for lease, including space in the main building and smaller outbuilding
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    This listing looks promising.

    Here's a quick look at some key insights for

    2075 E Shore Dr, Lansing, NY 14882

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $77K
      Annual

    • Price @ 7% Cap

      $1.1M
      Suggested

    • Property Type

      Store/Office (Mixed Use)
      Built 1970
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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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    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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    Built-Out Restaurant With Patio
    Built-Out Restaurant With Patio

    409 College Avenue, Ithaca, NY 14850

    Contact for pricing
    3,980 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turn-Key Pizzeria Restaurant
    Turn-Key Pizzeria Restaurant

    111 East State Street, Ithaca, NY 77434

    Contact for pricing
    2,000 sqft

    Turn-key, fully equipped restaurant space with seating capacity for 60 in a busy retail and office corridor.

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    Fully Leased Mixed-Use Building
    Fully Leased Mixed-Use Building

    124 W State St, Ithaca, NY 14850

    Contact for pricing
    3,294 sqft

    Three-story mixed-use building offering retail, office, and apartment space with current restaurant, beauty salon, and residential tenants.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Two-Story Conventional Restaurant
    Two-Story Conventional Restaurant

    308 N Franklin Street, Watkins Glen, NY 14891

    $289,000
    4,514 sqft 0.04 AC lot

    Downtown Watkins Glen restaurant with dual bars, commercial kitchen, and flexible seating across two levels.

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    Drive-Through Restaurant Opportunity
    Drive-Through Restaurant Opportunity

    2487 Corning Road, Elmira, NY 14903

    Contact for pricing

    Arby's with an on-site drive-thru has operated at this location since 1995 under a long corporate lease.

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    Restaurant and Apartment For Sale
    Restaurant and Apartment For Sale

    Watkins Glen, NY 14891

    $259,900

    Restaurant with apartment in downtown Watkins Glen. Business opportunity!

    View details
    Bar and Restaurant with Apartment
    Bar and Restaurant with Apartment

    2048 College Avenue, Elmira, NY 14903

    Contact for pricing

    Restaurant and bar space with an upstairs apartment, featuring a large dining area plus rec and dance areas.

    View details

    Ithaca, NY Conventional Restaurants Market Trends and Statistics

    Explore 6 conventional restaurants for sale in Ithaca, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 26,528 square feet of properties for sale, with an estimated market value of $1,845,000.

    Sale prices for conventional restaurants in Ithaca, NY start at $100,000, averaging $615,000, and reaching up to $1,150,000 — 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 12
    Bars & Pubs 3
    Commercial kitchens 2
    Coffee shops 1

    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 $595K

    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

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    • 14882
    • 77434

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