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    Ithaca, NY
    Grocery Store

    Ithaca, NY Grocery And Convenience Stores for Sale

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    King Ferry, NY Trumansburg, NY Genoa, NY
    Ithaca Investment Opportunity For Sale
    Updated: Apr 19, 2024
    Ithaca Investment Opportunity For Sale

    508 W State St, Ithaca, NY 14850

    $385,000
    1,507 sqft
    5‑year NNN lease in place, providing immediate income.
    Prime location near the $18M Iron Works Ithaca development and established businesses (GIMMEE Coffee, Saigon Kitchen, Maru Ramen, State Diner).
    High traffic location off Route 13 North.
    Updated infrastructure: heating, air conditioning, 200 AMP electrical service, and plumbing.
    Zoned B‑2C, offering redevelopment possibilities.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    508 W State St, Ithaca, NY 14850

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $19K
      Annual

    • Mortgage

      $275K
      Feb 2019

    • Property Type

      Bar, Tavern
      Built 1975
    View Property Analytics
    Ithaca Convenience Store & Gas
    Updated: May 8, 2023
    Ithaca Convenience Store & Gas

    600 N Fulton St, Ithaca, NY 14850

    $3,295,000
    3,318 sqft · 1.15 AC lot
    Single tenant NNN lease offers a hands‑off investment opportunity.
    Excellent visibility & access on NYS Rte. 13, a prime location.
    Tenant / Operator: Mirabito Holdings, a well‑established company.
    High barrier of entry & limited competition ensures stability.
    Located at entry to Ithaca, benefiting from consistent traffic.
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, 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.

    Turnkey Convenience Store and Quick Food
    Turnkey Convenience Store and Quick Food

    435 Sing Sing Road, Horseheads, NY 14845

    $650,000
    2,872 sqft · 0.46 AC lot

    Turnkey convenience and quick-food operation with full kitchen, walk-in freezer, dine-in seating, and lottery sales.

    View details
    Former Market with Retail Space
    Former Market with Retail Space

    118 Broad St, Waverly, NY

    $1,350,000
    11,660 sqft · 0.75 AC lot

    Retail building with equipment, furniture, and fixtures included.

    View details
    Former Market with Retail Space
    Former Market with Retail Space

    118 Broad Street, Waverly, NY

    $1,195,000
    11,660 sqft

    Retail building with equipment, furnishings, and fixtures for grocery store.

    View details
    Turnkey Convenience Store with Beer License
    Turnkey Convenience Store with Beer License

    3165 Lake Rd. Horseheads NY 14845, Horseheads, NY 14845

    $550,000
    11,239 sqft

    Fully equipped store with warehouse, residence, and high visibility.

    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 Land Near Greek Peak
    Commercial Land Near Greek Peak

    Route 392, Cortland, NY 13045

    $32,000
    6.00 AC lot

    6-acre commercial land near Hope Lake Lodge and Greek Peak.

    View details
    99+ Acre Commercial Land Parcel
    99+ Acre Commercial Land Parcel

    5 Rt-20, Canandaigua, NY 14424

    $9,690,000
    99.30 AC lot

    Prime commercial land with high visibility and development potential.

    View details
    Trail-Adjacent Recreation Land
    Trail-Adjacent Recreation Land

    Fellows Avenue, Wellsboro, PA 16901

    $199,900
    2,429 sqft · 0.73 AC lot

    Land parcel with direct access to rail-trail extension trailhead amenities in Wellsboro, Pennsylvania.

    View details
    Rochester Development Site on Corner
    Rochester Development Site on Corner

    2032 Lyell Avenue, Rochester, NY 14606

    $399,999
    1,350 sqft · 0.13 AC lot

    High-visibility corner lot suitable for various commercial uses.

    View details

    Off-Market Properties in Ithaca, NY

    Consider similar Off-Market properties in Ithaca, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    701 Buffalo St
    GROCERY, SUPERMARKET

    701 Buffalo St, Ithaca, NY 14850-3319

    Value Estimation by Request
    9,966 sqft · 0.89 AC lot
    View details
    2300 Triphammer Rd
    GROCERY, SUPERMARKET

    2300 Triphammer Rd, Ithaca, NY 14850-1088

    $1,425,000
    Estimated value
    47,763 sqft · 5.70 AC lot
    View details
    505-15 3rd St
    GROCERY, SUPERMARKET

    505-15 3rd St, Ithaca, NY 14850

    Value Estimation by Request
    18,483 sqft · 2.30 AC lot
    View details
    3125 Triphammer Rd
    GROCERY, SUPERMARKET

    3125 Triphammer Rd, Lansing, NY 14882-8906

    Value Estimation by Request
    15,060 sqft · 3.90 AC lot
    View details
    500 Mdw St
    GROCERY, SUPERMARKET

    500 Mdw St, Ithaca, NY 14850-5317

    $2,950,000
    Estimated value
    123,090 sqft · 16.65 AC lot
    View details
    770 Cascadilla St
    GROCERY, SUPERMARKET

    770 Cascadilla St, Ithaca, NY 14850-3239

    $1,185,000
    Estimated value
    35,000 sqft · 2.80 AC lot
    View details

    Ithaca, NY Grocery And Convenience Stores Market Trends and Statistics

    Explore 8 grocery and convenience stores for sale in Ithaca, NY on our real estate platform. These investment opportunities span a total of 4,825 square feet of properties for sale, with an estimated market value of $3,680,000.

    Sale prices for supermarkets in Ithaca, NY start at $385,000, averaging $1,840,000, and reaching up to $3,295,000 — 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

    Grocery and convenience stores 4
    Storefront properties 4
    Shopping centers 2
    Automotive properties 1
    Gas stations 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 $1.8M

    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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