Turnkey Restaurant with Patio
For Lease
$59 SF/Yr
409 College Avenue, Ithaca, NY 14850
Turnkey restaurant space with dining, bar, and kitchen plus a patio designed for seated guest service.
Space SizeContact for details
Property Size5,856 SF
Days on Market901
Property Features for 409 College Avenue
General Information
Standard status
Active
Size
5,856 SF
Zoning
Commercial
Building Details
Building Size
5,856 SF
Year Built
2022
Buildings
1
Stories
1
Listing Agency:
Pyramid Brokerage Company - Co
(607) 277-2327
Listed By:
David Huckle
(607) 227-7558
Source:
Northstarwny
Added: Mar 23, 2024
Changed: Sep 8
Last Checked: Sep 8 at 6:46AM
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 - Co
Investment Insights
Based on property information with market context.
A turnkey, fully built-out restaurant space totaling approximately 5,880 square feet, including an approximately 3,980 square foot dining, bar, and kitchen area. An additional approximately 1,900 square foot patio provides outdoor seating for over 300 guests. The space is positioned for immediate restaurant operation, with a layout that supports both interior guest service and expanded patio capacity.
Located at 409 College Avenue in Ithaca, New York, the property is in the heart of Cornell University within the Collegetown district. The area is supported by a large campus community, including approximately 26,000 students and nearly 14,000 faculty and staff, along with a strong local population.
The offering is noted as formerly operating as Collegetown Bagels, and it is presented as a fit for a high-quality restaurant or retail tenant seeking an active, foot-traffic-driven setting.
Located at 409 College Avenue in Ithaca, New York, the property is in the heart of Cornell University within the Collegetown district. The area is supported by a large campus community, including approximately 26,000 students and nearly 14,000 faculty and staff, along with a strong local population.
The offering is noted as formerly operating as Collegetown Bagels, and it is presented as a fit for a high-quality restaurant or retail tenant seeking an active, foot-traffic-driven setting.
Key Highlights
- Turnkey, fully built‑out restaurant space at 409 College Avenue in Ithaca, NY
- Approximately 5,880 SF total: 3,980 SF dining, bar, and kitchen area
- Includes 1,900 SF patio with seating for over 300 guests
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,648
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Insomnia Cookies
Dining
1,055 visits/mo
0.1 miles
Teresa's Pizza
Dining
271 visits/mo
0.1 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
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Market
Lease Benchmarks for Ithaca, NY
$35.8 /SF/Yr
Avg Asking Price
$25–$59 /SF/Yr
Price Range
6,093 SF
Avg Space Size
This space is priced 65% above the average of $35.8 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant space with dining, bar, and kitchen plus a patio designed for seated guest service.
Where is this conventional restaurant located?
The property is located at 409 College Avenue Ithaca, NY.
What is the lease rate?
The lease rate is $59 SF/Yr.
What are key features of this property?
This property features: Turnkey, fully built‑out restaurant space at 409 College Avenue in Ithaca, NY; Approximately 5,880 SF total: 3,980 SF dining, bar, and kitchen area; Includes 1,900 SF patio with seating for over 300 guests
