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Ground-Floor Office Suite
For Lease
$650/Mo

418 E State Street, Ithaca, NY 14850

Vacant office space with a private entrance, strong daylight, and a flexible month-to-month lease.

Space SizeContact for details
Property Size8,704 SF
Days on Market542

Property Features for 418 E State Street

General Information

Standard status Active
Size 8,704 SF
Total Parking Spaces 1
Zoning Residential Multi Use

Building Details

Building Size 8,704 SF
Year Built 1975
Buildings 1
Stories 2
Units 1
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Elizabeth Thompson · License #10401354854
Source: Northstarwny
Added: Mar 7, 2025 Changed: Aug 31 Last Checked: Aug 31 at 2:04AM

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 Warren Real Estate of Ithaca Inc.

Investment Insights

Based on property information with market context.

Located at 418 E State Street in downtown Ithaca, this 715 SF office suite occupies the ground floor of the Argos Warehouse / Foundry building. The space is vacant and includes a private side entrance along with substantial natural light.

The property is part of a creative-oriented setting that brings together Argos Warehouse, Foundry Co-Working, and artist studios. A month-to-month lease structure supports flexible occupancy, with the suite ready for immediate move-in. The property carries Residential Multi Use zoning and was built in 1975.

Key Highlights

  • 715 SF ground‑floor office suite
  • Private side entrance with abundant natural light
  • Vacant and ready for immediate move‑in

Property Analytics

Current Use

Orkin Dental Lab Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home Pet Store Home Appliance Store Plumbing Service

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

2,546
Businesses Nearby

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

Lease Benchmarks for Ithaca, NY

$14.27 /SF/Yr
Avg Asking Price
$0.9–$26 /SF/Yr
Price Range
16,245 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Vacant office space with a private entrance, strong daylight, and a flexible month-to-month lease.
Where is this office units located?
The property is located at 418 E State Street Ithaca, NY.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 715 SF ground‑floor office suite; Private side entrance with abundant natural light; Vacant and ready for immediate move‑in
More about this property
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