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Turn-Key Pizzeria Restaurant
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111 East State Street, Ithaca, NY 77434

Turn-key, fully equipped restaurant space with seating capacity for 60 in a busy retail and office corridor.

Property Size2,000 SF
Days on Market124

Property Features for 111 East State Street

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Pyramid Brokerage Company, Inc
Listed By: David Huckle · License #NY 10401231043
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 9:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pyramid Brokerage Company, Inc

Investment Insights

Based on property information with market context.

This well-established pizzeria restaurant has been operating for 9+ years and offers a loyal customer base. The space is offered turn-key, fully equipped, fixtured, and furnished, with seating for 60. The offering includes an approximate 2,000 SF restaurant layout designed for day-to-day service.

Located on the Western end of the Ithaca Commons at 111 East State Street, the restaurant sits among numerous retail shops and office/apartment buildings that support a steady flow of potential customers from both locals and tourists. The area also includes nearby bars that contribute to increased evening activity.

The property is positioned for operators seeking an immediately workable restaurant concept, supported by existing equipment and a turnkey interior ready for continued use.

Key Highlights

  • Turn‑key, fully equipped restaurant space with 2,000 SF of built‑out dining area
  • Seats 60
  • Well established restaurant operating for 9+ years with a loyal customer following

Property Analytics

Current Use

Casablanca Pizzeria Restaurant Marrakech Cuisine - Ithaca, ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Tanning Salon Home Appliance Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 38% Hotels & Casinos 10% Apparel 4%
Dunkin' Donuts Dining
16,965 visits/mo 0.5 miles
Sunoco Shops & Services
9,537 visits/mo 0.1 miles
Ithaca Marriott Downtown on the Commons Hotels & Casinos
3,958 visits/mo 0.2 miles
Mobil Shops & Services
3,721 visits/mo 0.5 miles
Franco's Pizza Dining
2,113 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key, fully equipped restaurant space with seating capacity for 60 in a busy retail and office corridor.
Where is this conventional restaurant located?
The property is located at 111 East State Street Ithaca, NY.
What are key features of this property?
This property features: Turn‑key, fully equipped restaurant space with 2,000 SF of built‑out dining area; Seats 60; Well established restaurant operating for 9+ years with a loyal customer following
(607) 227-7558 Call to check price and availability
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