Historic Office and Medical
For Sale
$2,500,000
1251 & 1257 Trumansburg Rd, Ithaca, NY 14850
Two-parcel campus includes a 1920 Gothic-style building, a fully leased 1970 office/medical building, and a freestanding storage structure.
Property Size10 SF
Lot Size10.18 Acres
Price / SF$250,000
Days on Market304
Property Features for 1251 & 1257 Trumansburg Rd
General Information
Standard status
Active
Size
10 SF
Total Parking Spaces
140
Lot size
10.18 Acres
Zoning
Planned Development
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
EXP Commercial
Listed By:
Michael Conroy · License #10301218830
(585) 735-7739
Source:
Expcommercial
Added: Nov 4, 2025
Changed: Sep 2
Last Checked: Sep 4 at 2:03AM
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 EXP Commercial
Investment Insights
Based on property information with market context.
This two-parcel office and medical campus totals 43,901 SF across two main structures and a freestanding storage building. The centerpiece property at 1251 Trumansburg Rd was built in 1920 and features gothic architectural details, including arched stone entryways, dormered windows, and a stone-and-slate facade. Four legal apartments are included in the layout, and the upper floors have historically housed educational and exhibit uses.
A second structure at 1257 Trumansburg Rd, built in 1970, includes 23,920 SF of fully leased medical/office space occupied by a long-term user, with a new lease in the process of being finalized. The site includes 140+ surface parking spaces and is supported by public utilities including water, sewer, gas, electric, and fiber. Zoned Planned Development, the property supports mixed-use, residential, institutional, and commercial redevelopment, with additional level acreage available for future development.
A second structure at 1257 Trumansburg Rd, built in 1970, includes 23,920 SF of fully leased medical/office space occupied by a long-term user, with a new lease in the process of being finalized. The site includes 140+ surface parking spaces and is supported by public utilities including water, sewer, gas, electric, and fiber. Zoned Planned Development, the property supports mixed-use, residential, institutional, and commercial redevelopment, with additional level acreage available for future development.
Key Highlights
- Two‑parcel, 10.18‑acre site on Trumansburg Road with 43,901 SF across two main buildings plus a freestanding storage building
- 1920 stone‑and‑slate Gothic centerpiece building at 1251 Trumansburg Rd with four legal apartments and historic educational/exhibit use on upper floors
- 1257 Trumansburg Rd: 23,920 SF fully leased medical/office building (built in 1970) with a new lease in progress
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-parcel campus includes a 1920 Gothic-style building, a fully leased 1970 office/medical building, and a freestanding storage structure.
Where is this office building located?
The property is located at 1251 & 1257 Trumansburg Rd Ithaca, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two‑parcel, 10.18‑acre site on Trumansburg Road with 43,901 SF across two main buildings plus a freestanding storage building; 1920 stone‑and‑slate Gothic centerpiece building at 1251 Trumansburg Rd with four legal apartments and historic educational/exhibit use on upper floors; 1257 Trumansburg Rd: 23,920 SF fully leased medical/office building (built in 1970) with a new lease in progress
