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    Ithaca, NY
    Flex Space

    Ithaca, NY Flex Space 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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    Multi-Building Industrial Property
    Updated: Dec 8, 2025
    Multi-Building Industrial Property

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,374 sqft 0.44 AC lot
    Multi‑building commercial property on 2.00 acres with canal access and creek/inlet frontage (0.47 acres under NYS permanent easements)
    Approximately 8,400 sq ft total: 1,524 sq ft office building, 3,650 sq ft clear‑span metal‑frame warehouse, and 3,200 sq ft garage/workshop with office space
    Warehouse interior is wide‑open with flexible use for trades, fabrication, storage, or logistics
    Garage/workshop includes three overhead doors, heated shop with oil‑separation system, workshop/storage areas, and attic storage
    Parking for 25+ vehicles for contractor/service‑fleet and multi‑tenant operations
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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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    Ithaca Warehouse/Manufacturing Adaptive Reuse Opportunity
    Ithaca Warehouse/Manufacturing Adaptive Reuse Opportunity

    407 Cliff Street, Ithaca, NY

    Contact for pricing
    24,232 sqft

    24,232 SF Ithaca warehouse/manufacturing space on 2.77 acres for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Insulated Warehouse Flex Property
    Insulated Warehouse Flex Property

    241-243 Erie Street, Waverly, NY 14892

    $849,000
    12,865 sqft 0.80 AC lot

    Multiple insulated warehouse and office units with radiant heat, overhead doors, and a commercial kitchen/prep area.

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    Flex Space with 3-Bay Garage
    Flex Space with 3-Bay Garage

    1774 Cedar Street, Elmira, NY 14904

    $99,900
    2,870 sqft

    Flex building with two office areas, half bath, large open workspace, and a spacious three-bay garage.

    View details
    Versatile Income-Producing Commercial Property
    Versatile Income-Producing Commercial Property

    241-243 Erie Street, Waverly, NY 14892

    $849,000
    12,865 sqft

    Mixed-use property with warehouses, offices, kitchen, and flexible rental options.

    View details
    Three-Bay Flex Garage Property
    Three-Bay Flex Garage Property

    Elmira, NY 14904

    $99,900
    0.13 AC lot

    Three garage bays with overhead doors, office areas, and an upstairs apartment support a range of onsite business uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Property in Rome, NY
    Commercial Property in Rome, NY

    7199 RIVER Road, Rome, NY 13440

    $590,000
    2.69 AC lot

    Commercial property for sale in Rome, New York.

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    Liberty Industrial-Commercial Land Parcel
    Liberty Industrial-Commercial Land Parcel

    16 Sheehan Rd, Liberty, NY 12754

    $339,000
    2.26 AC lot

    2.26-acre industrial-commercial parcel in Liberty's IC zoning district.

    View details
    Buildable Lot in Rondout Waterfront
    Buildable Lot in Rondout Waterfront

    251 East Strand Street, Kingston, NY 12401

    $150,000
    6,098 sqft 0.14 AC lot

    Affordable parcel in Kingston's vibrant Rondout waterfront district.

    View details
    Improved Light Industrial/Commercial Lot
    Improved Light Industrial/Commercial Lot

    Allentown, PA 18106

    $199,900
    25,671 sqft 0.59 AC lot

    Light industrial lot with recent township-required improvements and utilities for a potential pole building or garage.

    View details

    Ithaca, NY Flex Space Market Trends and Statistics

    Explore 4 flex space for sale in Ithaca, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 301,365 square feet of properties for sale, with an estimated market value of $21,600,000.

    Sale prices for business spaces in Ithaca, NY start at $425,000, averaging $7,200,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 8
    Manufacturing properties 5
    Distribution centers 2

    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 $10.6M

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

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