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Second-Floor Office Unit
For Lease
$1,200/Mo

148 E State Street, Ithaca, NY 14850

CommercialLease, Ithaca, NY

Space SizeContact for details
Lot Size0.03 Acres
Days on Market140

Property Features for 148 E State Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Rectangular, Rectangular Lot
Elementary school Belle Sherman
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Directions Middle of Ithaca Commons by playground
Subdivision Ithaca-City-500700
Standard status Active
APN 500700-070-000-0002-020-000-0000
Size 800 SF
Lot size 0.03 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

private bathroom

Building Details

Year built 1970
Floors in Building 2
Number of units 3
Building materials Brick, Block, WoodSiding
Roof type Membrane, Rubber, Flat
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Andrew Schreck · License #10401361299
Added: Apr 30 Changed: Sep 12 Last Checked: Sep 16 at 3:06AM
MLS# R1678213

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 800-square-foot office unit occupies the second floor of a 1970 building with brick, block, and wood siding construction. Hardwood flooring, large windows, and an open layout provide a adaptable setting for office operations or other commercial uses, while a private bathroom adds convenience. Heating is provided by natural gas and forced air, with public sewer service and a flat membrane rubber roof.

The property is located at 148 E State Street in Ithaca's Commons area, near shops and cafes. Commercial zoning supports the property's office-oriented use, and its central setting places occupants near local amenities and networking activity.

Key Highlights

  • 800 square feet of office space
  • Open‑plan second‑floor layout
  • Hardwood flooring and large windows

Property Analytics

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Current Use

Office Units

Suggested Use

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

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,607
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ithaca, NY

$17.88 /SF/Yr
Avg Asking Price
$2.52–$26 /SF/Yr
Price Range
23,027 SF
Avg Space Size

This space is priced 1% above the average of $17.88 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial space with hardwood floors, abundant daylight, and a private bathroom.
Where is this office units located?
The property is located at 148 E State Street Ithaca, NY.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 800 square feet of office space; Open‑plan second‑floor layout; Hardwood flooring and large windows
More about this property
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