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Restaurant Space on Ithaca Commons
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125 East State Street, Ithaca, NY 14850

Restaurant space with dedicated entrance and equipped kitchen.

Property Size800 SF
Days on Market155

Property Features for 125 East State Street

General Information

Standard status Active
Size 800 SF
Property subtype Office

Building Details

Year Built 2022
Listing Agency:
Listed By: Chadd Soto
Source: Naiglobal
Added: Feb 26 Changed: Jul 10 Last Checked: Jul 31 at 9:38AM

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 Chadd Soto

Investment Insights

Based on property information with market context.

This commercial space, accessible via a dedicated entrance on Ithaca Commons, features an 800 square-foot kitchen equipped with an Ansul Hood System. The basement includes a grease trap and roughed-in connections. The kitchen also features FRP wall covering, quarry tile flooring, MEP rough-in, and floor drains. The dining areas have polished concrete floors, and there are two tile-faced quartz countertop bars with cubby-style bar shelving. The bars include plumbing rough-in and floor drains. The property also includes one manager’s office, a main entrance off of Ithaca Commons, and Mexican restaurant details. A lounge space is separate from the main dining area.

Key Highlights

  • Prime commercial location with dedicated entrance on Ithaca Commons.
  • Fully equipped 800 sq ft kitchen with Ansul Hood System, grease trap, and specialized flooring.
  • Two tile‑faced quartz countertop bars with plumbing and shelving.**

Property Analytics

Current Use

Doodle Marketing Advertising Agency Paris Baguette Bakery Harolds Square Apartment Building

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,607
Businesses Nearby
39k
Monthly Visits Nearby
Balanced
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

Demographics for 14850, NY

69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value

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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Similar Off Market Nearby

  • Wegmans Catering — 500 S Meadow St, Ithaca, NY 14850
  • Tucker's Catering — 307 S Plain St, Ithaca, NY 14850
  • Silo Food Truck — 620 W Green St, Ithaca, NY 14850
  • Beautifully Charcuterie — 115 S Cayuga St, Ithaca, NY 14850
  • Firehouse Subs Ithaca — 740 S Meadow St #1100, Ithaca, NY 14850

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with dedicated entrance and equipped kitchen.
Where is this restaurant located?
The property is located at 125 East State Street Ithaca, NY.
What are key features of this property?
This property features: Prime commercial location with dedicated entrance on Ithaca Commons.; Fully equipped **800 sq ft kitchen with Ansul Hood System, grease trap, and specialized flooring.**; Two tile‑faced quartz countertop bars with plumbing and shelving.**
More about this property
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