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    Ithaca, NY Flex Space for Sale

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    King Ferry, NY Trumansburg, NY Genoa, NY
    Ithaca Commercial Property with Redevelopment Potential
    $425,000
    8,374 SF

    Ithaca Commercial Property with Redevelopment Potential

    615 Five Mile Drive, Ithaca, NY 14850

    Multi-building commercial property with redevelopment potential in Ithaca, New York.

    • Rare multi‑building commercial property with three versatile structures on 2 acres with creek and inlet frontage.
    • Significant redevelopment potential and future residential conversion opportunities (subject to approvals).
    • Strong income potential with projected stabilized rents of $8,000-$10,000/month.
    • 8,400 sq ft across an office building, clear‑span warehouse, and heated garage/workshop.
    • Ideal for contractors with fleet parking (25+ vehicles), warehouse space, and offices.
    Updated: Dec 8, 2025
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    South Hill Business Campus
    $20,750,000
    284,591 SF

    South Hill Business Campus

    950 Danby Road, Ithaca, NY 14850

    Multi-tenant commercial campus near Ithaca College.

    • 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
    Updated: Mar 25
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Versatile Commercial Property in Waverly
    $849,000
    12,865 SF

    Versatile Commercial Property in Waverly

    Income-producing property with warehouses, offices, and commercial kitchen.

    241-243 Erie Street, Waverly, NY 14892
    View details
    Elmira Redevelopment Opportunity
    $59,000
    35,885 SF

    Elmira Redevelopment Opportunity

    35,885 SF former bowling alley ready for transformation.

    906 Johnson St, Elmira, NY 14901
    View details
    Versatile Income-Producing Commercial Property
    $899,000
    12,865 SF

    Versatile Income-Producing Commercial Property

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

    241-243 Erie Street, Waverly, NY 14892
    View details
    Versatile Commercial Building with Storage
    $139,000
    4,400 SF

    Versatile Commercial Building with Storage

    4,400 SF building with fenced storage in Elmira.

    904 Grand Central Ave, Elmira, NY 14901
    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
    $590,000
    2.69 Acres

    Commercial Property in Rome, NY

    Commercial property for sale in Rome, New York.

    7199 RIVER Road, Rome, NY 13440
    View details
    Liberty Industrial-Commercial Land Parcel
    $339,000
    2.26 Acres

    Liberty Industrial-Commercial Land Parcel

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

    16 Sheehan Rd, Liberty, NY 12754
    View details
    Liberty Industrial-Commercial Land Parcel
    $339,000
    2.26 Acres

    Liberty Industrial-Commercial Land Parcel

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

    16 Sheehan Road, Liberty, NY 12754
    View details
    Land Parcel in Economic Zone
    $2,500,000
    9.94 Acres

    Land Parcel in Economic Zone

    Strategically located land parcel suitable for commercial or industrial development.

    Lafayette, NJ 07848
    View details

    Ithaca, NY Flex Space Investment Opportunities Market Analysis

    Explore 2 flex space for sale in Ithaca, NY on our real estate platform. These investment opportunities span a total of 292,965 square feet of properties for sale, with an estimated market value of $21,175,000.

    Sale prices for business spaces in Ithaca, NY start at $425,000, averaging $10,587,500, 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

    Warehouses 9
    Flex space 6
    Manufacturing properties 2
    Truck terminals 1

    Property Size Breakdown

    The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

    Demographics Overview

    Population 73K
    Population Growth (5Y) -2.9%
    Median Household Income $71,184
    College Educated 58.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ithaca submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Average Loan-to-Value 65.0%

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