413 State St Ithaca, NY 14850

This exceptional 5,392+/- square foot commercial property, located at 413 W State St in Ithaca, NY, presents a unique opportunity for investors and developers. Situated on a 0.15-acre lot in Ithaca's vibrant West End business district, this building boasts a flexible zoning designation permitting multi-family and commercial development up to five stories. Currently housing two tenants, the property offers significant upside potential. The building's history includes uses as a warehouse and a theatre, showcasing its adaptable nature. The interior features a predominantly open floor plan with a concrete floor and impressive 16-18' clear span ceilings throughout most of the space. Ground floor access includes a convenient 9' x 10' overhead door directly off the main entrance on West State Street. Its strategic location near the recently constructed Ironworks Ithaca mixed-use development positions this property for strong future growth and increased value. The property's size, zoning, and prime location make it an ideal candidate for a variety of uses, from adaptive reuse to new construction. This is a rare chance to acquire a substantial commercial property in a thriving Ithaca neighborhood. The asking price is $645,000.