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    601 Dryden Rd Ithaca, NY 14850

    For Sale
    $490,000

    Historic Ithaca building, high visibility, versatile space.

    Property size:
    689 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 689-square-foot commercial building at 601 Dryden Rd, Ithaca, NY presents a unique investment opportunity. Built in 1929 and designed by renowned architect William Henry Miller, this landmark property boasts a rich history and prime location adjacent to Cornell University. Its strategic position ensures high visibility and significant foot traffic, making it ideal for a diverse range of businesses. The building's versatile layout includes a repair bay, perfect for automotive or similar uses, a welcoming reception area, and ample loft storage space. Convenient amenities include both indoor and outdoor restrooms, catering to both staff and customers. The 0.1-acre lot provides additional outdoor space. The property's unique architectural character and historical significance offer a compelling opportunity to establish a thriving business within a vibrant community. Priced at $490,000, this is a chance to own a piece of Ithaca's history and shape its future. The possibilities are endless, from a trendy retail space to a service-oriented business, capitalizing on the high volume of foot traffic and the proximity to Cornell University. Don't miss this chance to acquire a truly remarkable commercial property.

    Property Features for 601 Dryden Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    689 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1929
    Insight Report Location Intelligence

    Current Use by Public Records

    Best Auto Repair Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.47728
    Latitude
    42.44128

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Ithaca building, high visibility, versatile space.
    Where is this commercial real estate located?
    The property is located at 601 Dryden Rd Ithaca, NY.
    What is the asking price?
    The asking price for this property is $490,000.
    (607) 428-0708
    Request Owner's contact information
    601 Dryden Rd Ithaca, NY 14850
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    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
    601 Dryden Rd Ithaca, NY 14850
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