520 State St Ithaca, NY 14850

This exceptional 8,424 square foot brick office building presents a compelling investment opportunity in Ithaca's vibrant downtown West End. Currently boasting five fully leased spaces with a stable, long-term tenant base, this property ensures immediate cash flow. Its strategic location directly off Route 13N provides unparalleled visibility and accessibility, maximizing tenant appeal. The building's unique positioning, spanning from State Street to Seneca Street, offers two convenient access points, further enhancing its desirability. Ample parking is provided with 19 dedicated spaces, a significant advantage in this bustling area. The property sits on a 0.42-acre lot and is zoned to allow for a five-story building, presenting significant potential for future expansion and development, allowing for substantial growth in the years to come. The asking price for this prime commercial property is $950,000. This represents a rare chance to acquire a well-established, income-producing asset with considerable upside potential in a thriving New York market. Detailed information on recent updates and improvements is available upon request.