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    Ithaca, NY
    Flex Space

    Ithaca, NY Flex Space for Sale

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    Trumansburg, NY Interlaken, NY Genoa, NY Groton, NY Freeville, NY Locke, NY Venice, NY Moravia, NY
    Two-Bay Auto Repair Garage
    Updated: Apr 24
    Two-Bay Auto Repair Garage

    1683 Mecklenburg Road, Ithaca, NY 14850

    $155,000
    1,136 sqft 0.29 AC lot
    Finished commercial garage with two service bays
    Auto repair equipment included with the property
    Separate freestanding office for administrative use
    1,136 square feet on a 0.29‑acre site
    Constructed in 2012 with a metal roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    1683 Mecklenburg Road, Ithaca, NY 14850

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    • Est. Cap Rate

      4.5%
      NOI ÷ price

    • Est. NOI

      $7K
      Annual

    • Price @ 7% Cap

      $100K
      Suggested

    • Last Sold

      Feb 2022
      $75K
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    Multi-Building Flex Property
    Updated: Dec 8, 2025
    Multi-Building Flex Property

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,374 sqft 0.44 AC lot
    8,374 SF across three commercial buildings
    1,524 SF office building with three private offices and two bathrooms
    3,650 SF clear‑span metal‑frame warehouse
    3,200 SF heated garage and office building with three overhead doors
    Parking for 25+ vehicles
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    Industrial Flex Building with Cranes
    Industrial Flex Building with Cranes

    226 Cecil Malone Dr, Ithaca, NY 14850

    Contact for pricing
    46,822 sqft

    Single NNN tenant occupies most space; additional 10,000–12,000 SF warehouse space is available to lease.

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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.

    Multi-Building Flex Property
    Multi-Building Flex Property

    241-243 Erie Street, Waverly, NY 14892

    $799,000
    12,865 sqft 0.80 AC lot

    Warehouse, office, garage, and kitchen improvements support varied commercial operations and occupancy configurations.

    View details
    Industrial Warehouse with Loading Docks
    Industrial Warehouse with Loading Docks

    145 Philo Road W, Elmira, NY 14903

    $1,750,000
    28,906 sqft

    Industrial facility with office space, fenced outdoor area, overhead doors, and municipal services.

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

    241-243 Erie Street, Waverly, NY 14892

    Contact for pricing
    12,865 sqft

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

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    Flex Warehouse with Office Space
    Flex Warehouse with Office Space

    374 Upper Oakwood Ave, Elmira, NY 14903

    Contact for pricing

    Flex warehouse includes an office/reception area plus a 12' clear warehouse with three loading docks.

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    Ithaca, NY Flex Space Market Trends and Statistics

    Explore 3 flex space for sale in Ithaca, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 56,332 square feet of properties for sale, with an estimated market value of $580,000.

    Sale prices for business spaces in Ithaca, NY start at $155,000, averaging $290,000, and reaching up to $425,000 — 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 11
    Manufacturing properties 4
    Breweries 1
    Distribution centers 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 $7.2M

    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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