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Warehouse with Overhead Doors and Cranes
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226 Cecil Malone Dr, Ithaca, NY 14850

Enclosed 22,500+ SF warehouse features 30-ft ceilings, multiple overhead doors, and two electric cranes.

Property Size22,500 SF
Days on Market110

Property Features for 226 Cecil Malone Dr

General Information

Standard status Active
Size 22,500 SF
Property subtype INDUSTRIAL
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Ithaca
Listed By: August Monkemeyer
Source: Moodyscre
Added: Apr 13 Changed: Jul 26 Last Checked: Jul 30 at 12:24PM

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 Cushman & Wakefield | Pyramid Brokerage - Ithaca

Investment Insights

Based on property information with market context.

This enclosed warehouse offers approximately 22,500+ SF of functional industrial space with 30-foot ceilings. The facility includes 4 overhead 12x16 doors, with some doors equipped with power and others manual; heat is capable, though not currently in service. A total of 3-phase power is available. The building is also equipped with two multi-ton electric cranes, supporting overhead material handling.

Ample parking is available on site. All municipal services are available, and any infrastructure needs would be extended per tenant criteria. The property is zoned IL1 with a Cherry St WF district designation within the City of Ithaca, which the owner states is favorable for a variety of commercial uses by proposal.

The owner also controls adjacent residual land that may be available for potential use or expansion. The offering is for rent, with build-to-suit opportunities potentially available by proposal.

Key Highlights

  • 22,500+/- SF enclosed warehouse measuring 60' x 375'
  • 30‑ft ceilings plus 3‑phase power
  • Four overhead 12' x 16' doors (some powered, some manual), with heat‑capable space (heat not in service)

Property Analytics

Current Use

Newfield Gravel Corporation Building Supply Feather Visions Inc Ophthalmologist Nest Communities Property Management Company Paolangeli Contractor Construction Company Live More Ithaca Real Estate Agency

Suggested Use

Top Pick Storage Facility Garden Center Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming 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

1,041
Businesses Nearby
Under-served
Demand for This Use

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

$7.57 /SF/Yr
Avg Asking Price
$0.95–$22 /SF/Yr
Price Range
24,633 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Alie Attic — 233 Cecil Malone Dr #1, Ithaca, NY 14850

Frequently Asked Questions

What type of property is this?
Warehouse - Enclosed 22,500+ SF warehouse features 30-ft ceilings, multiple overhead doors, and two electric cranes.
Where is this warehouse located?
The property is located at 226 Cecil Malone Dr Ithaca, NY.
What are key features of this property?
This property features: 22,500+/- SF enclosed warehouse measuring 60' x 375'; 30‑ft ceilings plus 3‑phase power; Four overhead 12' x 16' doors (some powered, some manual), with heat‑capable space (heat not in service)
(607) 351-8346 Call to check price and availability
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