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    Ithaca, NY
    Industrial

    Ithaca, NY Industrial Properties for Sale

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    King Ferry, NY Trumansburg, NY Genoa, NY
    West End Redevelopment Opportunity
    Updated: Feb 17, 2023
    West End Redevelopment Opportunity

    413 W State St, Ithaca, NY 14850

    $645,000
    5,392 sqft
    Multi‑family and commercial zoning up to 5 stories allows for redevelopment or investment.
    Located in Ithaca's Business District near the Ironworks Ithaca mixed‑use project.
    Large, open 5,392+\/- SF floor plan with concrete floor.
    High ceilings with 16‑18' clear span.
    Two tenants already in place.
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    This listing looks promising.

    Here's a quick look at some key insights for

    413 W State St, Ithaca, NY 14850

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $56K
      Annual

    • Price @ 7% Cap

      $797K
      Above asking

    • Last Sold

      Feb 2024
      $465K

    • Property Type

      Warehouse, Storage
      Built 1970
    View Property Analytics
    Ithaca Commercial Property with Redevelopment Potential
    Updated: Dec 8, 2025
    Ithaca Commercial Property with Redevelopment Potential

    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
    View details
    Ithaca Industrial Facility For Sale
    Ithaca Industrial Facility For Sale

    20 Bomax Dr, Ithaca, NY 14850

    $6,599,000
    73,825 sqft

    73,825 SF industrial facility in Ithaca, NY, fully leased.

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    South Hill Business Campus
    South Hill Business Campus

    950 Danby Road, Ithaca, NY 14850

    $20,750,000
    284,591 sqft

    Multi-tenant commercial campus near Ithaca College.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Ithaca Manufacturing and Office Buildings
    Ithaca Manufacturing and Office Buildings

    770-780 Warren Rd, Ithaca, NY

    Contact for pricing
    275,100 sqft · 48.36 AC lot

    Manufacturing and office buildings on 48-acre campus in Ithaca.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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 Event Venue Opportunity
    Turnkey Event Venue Opportunity

    29 Fisher Settlement Road, Spencer, NY 14883

    $725,000
    4,700 sqft · 5.00 AC lot

    Five-acre commercial property with event venue potential in Spencer, NY.

    View details
    Profitable Virgil Property with Multiple Streams
    Profitable Virgil Property with Multiple Streams

    1234 State Route 392, Cortland, NY 13045

    $900,000
    6,560 sqft · 3.11 AC lot

    Turn-key investment property with welding business, storage, and U-Haul.

    View details
    Industrial Property with On-Site Warehouse
    Industrial Property with On-Site Warehouse

    189 Michigan Hollow Road, Spencer, NY 14883

    $210,000
    5,974 sqft · 24.00 AC lot

    Wooded 24-acre industrial property with a 5,000+ sq ft warehouse and multiple existing structures for renovation.

    View details
    Mixed-Use Plaza in Downtown Cortland
    Mixed-Use Plaza in Downtown Cortland

    180 Main Street, Cortland, NY 13045

    $495,000
    7,599 sqft

    Downtown plaza with commercial spaces, apartments, and storage.

    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.

    30-Acre Lansing Development Opportunity
    30-Acre Lansing Development Opportunity

    N Triphammer Road, Lansing, NY 14850

    $3,500,000
    30.81 AC lot

    30-acre parcel in Lansing, NY, ideal for commercial or residential development.

    View details
    Homer Redevelopment Land Parcels
    Homer Redevelopment Land Parcels

    43 James St, Homer, NY 13077

    $650,000
    162,797 sqft · 4.00 AC lot

    Four acres in Homer's historic village primed for redevelopment.

    View details
    Commercial Land in Sayre, PA
    Commercial Land in Sayre, PA

    S Thomas Avenue, Sayre, PA 18840

    $40,000
    2.74 AC lot

    Commercial zoned land ideal for small business development.

    View details
    Mixed-Use Commercial Acreage with Frontage
    Mixed-Use Commercial Acreage with Frontage

    27845 Route 220, Athens, PA 18810

    $1,500,000
    1,618 sqft · 25.00 AC lot

    25-acre site with restaurant, warehouse, and residences, featuring roadway frontage and easy on/off access.

    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.

    41 Dutch Ml Rd
    MANUFACTURING (LIGHT)

    41 Dutch Ml Rd, Ithaca, NY 14850-9785

    $560,000
    Estimated value
    14,000 sqft · 2.17 AC lot
    View details
    17 Hallwoods Rd
    MANUFACTURING (LIGHT)

    17 Hallwoods Rd, Ithaca, NY 14850-8787

    $5,500,000
    Estimated value
    204,028 sqft · 23.09 AC lot
    View details
    467 Hayts Rd
    BULK STORAGE, TANKS

    467 Hayts Rd, Ithaca, NY 14850-9216

    Value Estimation by Request
    4,620 sqft · 1.52 AC lot
    View details
    706 Grn St, Unit 8
    WAREHOUSE, STORAGE

    706 Grn St, Ithaca, NY 14850-3333

    Unit 8
    $2,540,000
    Estimated value
    3,420 sqft · 0.16 AC lot
    View details
    712 Grn St, Unit 14
    WAREHOUSE, STORAGE

    712 Grn St, Ithaca, NY 14850-3333

    Unit 14
    $2,540,000
    Estimated value
    4,180 sqft · 0.30 AC lot
    View details
    413 State St
    WAREHOUSE, STORAGE

    413 State St, Ithaca, NY 14850-5219

    Value Estimation by Request
    5,392 sqft · 0.15 AC lot
    View details
    1675 Danby Rd
    STORAGE YARD (JUNK, SALVAGE)

    1675 Danby Rd, Ithaca, NY 14850-9417

    Value Estimation by Request
    2,000 sqft · 54.35 AC lot
    View details
    239 Cherry St
    INDUSTRIAL (GENERAL)

    239 Cherry St, Ithaca, NY 14850-5024

    $4,190,000
    Estimated value
    44,375 sqft · 1.48 AC lot
    View details
    810 Danby Rd
    MANUFACTURING (LIGHT)

    810 Danby Rd, Ithaca, NY 14850

    $2,315,000
    Estimated value
    63.30 AC lot
    View details
    620 Aurora St, Unit 40
    MANUFACTURING (LIGHT)

    620 Aurora St, Ithaca, NY 14850-5726

    Unit 40
    $2,570,000
    Estimated value
    462,839 sqft · 31.57 AC lot
    View details
    240 Cherry St
    INDUSTRIAL (GENERAL)

    240 Cherry St, Ithaca, NY 14850-5023

    $825,000
    Estimated value
    15,494 sqft · 2.88 AC lot
    View details
    407 Clf St
    MANUFACTURING (LIGHT)

    407 Clf St, Ithaca, NY 14850-2009

    $1,570,000
    Estimated value
    24,232 sqft · 2.77 AC lot
    View details
    20 Bomax Dr
    MANUFACTURING (LIGHT)

    20 Bomax Dr, Ithaca, NY 14850-1200

    $5,640,000
    Estimated value
    73,825 sqft · 7.54 AC lot
    View details
    170 Cecil Malone Dr
    WAREHOUSE, STORAGE

    170 Cecil Malone Dr, Ithaca, NY 14850-5124

    $660,000
    Estimated value
    7,200 sqft · 1.19 AC lot
    View details
    Mdw Lark Rd
    WAREHOUSE, STORAGE

    Mdw Lark Rd, Ithaca, NY 14850

    Value Estimation by Request
    12,390 sqft · 32.36 AC lot
    View details
    815 Aurora St
    WAREHOUSE, STORAGE

    815 Aurora St, Ithaca, NY 14850-5729

    Value Estimation by Request
    2,845 sqft · 1.85 AC lot
    View details
    1920 Slaterville Rd
    INDUSTRIAL (GENERAL)

    1920 Slaterville Rd, Ithaca, NY 14850-6344

    $960,000
    Estimated value
    21,202 sqft · 20.08 AC lot
    View details
    229 Cherry St
    WAREHOUSE, STORAGE

    229 Cherry St, Ithaca, NY 14850-5024

    Value Estimation by Request
    4,650 sqft · 0.89 AC lot
    View details
    1616 Trumansburg Rd
    MANUFACTURING (LIGHT)

    1616 Trumansburg Rd, Ithaca, NY 14850-9213

    Value Estimation by Request
    5,852 sqft · 3.05 AC lot
    View details

    Ithaca, NY Industrial Properties Market Trends and Statistics

    Explore 72 industrial properties for sale in Ithaca, NY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 372,182 square feet of properties for sale, with an estimated market value of $28,419,000.

    Sale prices for industrial buildings in Ithaca, NY start at $425,000, averaging $7,104,750, 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 6
    Manufacturing properties 2
    Distribution centers 1
    Truck terminals 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 $7.1M

    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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