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    402 3Rd St Ithaca, NY 14850

    New
    For Lease
    $18 SF/Yr ($9,333 /Mo)

    COMMERCIAL - Ithaca, NY

    Property size:
    6,222 SF
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 402 3Rd St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    500700-036-000-0001-006-000-0000
    Parking
    4
    Accessibility
    Accessible Approach with Ramp
    Size
    6,222 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1993
    Floors in Building
    1
    Roof type
    Flat, Rubber, Membrane

    Warren Real Estate (607) 257-0666 [email protected]

    Listing agent Hickory O'Brien Lee (607) 257-0666 License #10401311634

    Listing date Dec 8, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ithaca Retail Space Available

    Located in a mixed commercial and residential downtown area of Ithaca, this 6,222 sq ft retail space at 402 Third St is positioned among medical and apartment buildings, a grocery store, small businesses, and the Ithaca Farmers Market. The space is in the same building as a pediatric practice and an orthodontist office. The property features mostly open space with high ceilings, a bathroom, a small kitchen, two offices, and an overhead door. There are 4+ parking spaces and potential for a drive-through window. The building has a new roof and HVAC system. The space is available immediately and suitable for a growing business.
    Location Intelligence

    Current Use by Public Records

    Andrea Sharkness Nurse Practitioner Guthrie Med Supply ... Hospital Equipment And Supplies Celebrating Smiles Orthodontics Orthodontist WellBeing Pediatrics & Adolescent ... Pediatrician Ashley Alteri Physical Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.506597
    Latitude
    42.447519

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    FAQs

    What type of property is this?
    Retail space - 6,222 sq ft retail space in growing downtown Ithaca.
    Where is this retail space located?
    The property is located at 402 3Rd St Ithaca, NY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location in a growing mixed commercial/residential downtown area; - Large, mostly open space (6,222 sq ft) with very high ceilings; - New roof and HVAC system, minimizing potential maintenance costs
    (607) 257-0666
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    402 3Rd St Ithaca, NY 14850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 3Rd St Ithaca, NY 14850
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