Conventional Restaurant

Ithaca, NY Conventional Restaurants for Sale

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King Ferry, NY Trumansburg, NY Genoa, NY Interlaken, NY Locke, NY Venice, NY Groton, NY Moravia, NY
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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18-Hole Golf Course Estate
Updated: Jul 21, 2025
18-Hole Golf Course Estate

218 N Applegate Road, Ithaca, NY 14850

$4,200,000
13,969 sqft 141.00 AC lot
141‑acre Hillendale Golf Course featuring an 18‑hole, par‑70 layout
On‑site amenities include a fully equipped pro shop, pristine putting greens, and a driving range
Food and event options include a restaurant with full commercial kitchen and a “party barn” with a second commercial kitchen and bar
Private owner’s suite with 2 beds and 2 baths, plus commanding views
On‑site Airbnb rental unit with 3 beds, 1.5 baths, and laundry
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Equipped Restaurant and Bar Space
Equipped Restaurant and Bar Space

404 W State St, Ithaca, NY 14850

$100,000
1,792 sqft

Turnkey restaurant and bar with outdoor seating available for sale.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

Turnkey Restaurant with Apartment
Turnkey Restaurant with Apartment

1157 N Main Street, Elmira, NY 14901

$269,900
4,658 sqft 0.15 AC lot

For sale, turnkey restaurant operation with an additional fully functional apartment next door.

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Turnkey Restaurant with Apartment Included
Turnkey Restaurant with Apartment Included

1157 N Main St, Elmira, NY 14901

$269,900

Fully equipped restaurant with apartment for owner occupancy or rental.

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Watkins Glen Investment Opportunity
Watkins Glen Investment Opportunity

223-301 N. Franklin Street, Watkins Glen, NY 14891

$450,000
12,200 sqft

Two-building commercial property in Watkins Glen, NY for sale.

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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!

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Ithaca, NY Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Ithaca, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,975 square feet of properties for sale, with an estimated market value of $4,895,000.

Sale prices for conventional restaurants in Ithaca, NY start at $100,000, averaging $1,631,666, and reaching up to $4,200,000 — 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 6
Bars & Pubs 2
Commercial kitchens 1
Turn key restaurants 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 $1.6M

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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