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Second-Floor Office Space with Private Bathroom
For Lease
$1,200/Mo

148 E State Street, Ithaca, NY 14850

COMMERCIAL - Ithaca, NY

Property Size800 SF
Lot Size0.03 Acres
Days on Market94

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 Rubber, Flat, Membrane
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Andrew Schreck · License #10401361299
Added: Apr 30 Changed: Jul 31 Last Checked: Aug 1 at 7:06AM
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.

Second-floor office space with elegant hardwood flooring throughout, large windows for natural light, and an open-concept layout designed for flexible use. The space includes a private bathroom and is positioned for visibility from street-level activity. It can be tailored to a range of business needs.

Located in the vibrant Commons area of Ithaca, the space is surrounded by shops and cafes, with nearby amenities supporting customer-facing environments.

The building is supported by brick, block, and wood siding construction, with natural gas forced-air heating and a flat membrane roof. Public sewer service is available. The property includes 0.027 acres and is listed as 800 square feet, with construction dating to 1970.

Key Highlights

  • 800 square feet of second‑floor office space
  • 0.027‑acre site in a commercial zoning setting
  • Hardwood flooring throughout with large windows for natural light

Property Analytics

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

Market

Lease Benchmarks for Ithaca, NY

$13.09 /SF/Yr
Avg Asking Price
$0.9–$26 /SF/Yr
Price Range
9,020 SF
Avg Space Size

This space is priced 38% above the average of $13.09 /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 - Second-floor office with hardwood floors, large windows, open layout, and a private bathroom in a commercial setting.
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 second‑floor office space; 0.027‑acre site in a commercial zoning setting; Hardwood flooring throughout with large windows for natural light
More about this property
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