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Two-Building Mixed-Use Property
For Sale
Contact for pricing
Pending

227 Cherry St, Ithaca, NY 14850

Two connected warehouse-style buildings provide retail, storage, loading, and restroom improvements.

Property SizeContact for details
Lot Size1.10 Acres
Days on Market141

Property Features for 227 Cherry St

General Information

Standard status Pending
Lot size 1.10 Acres
Property subtype Mixed Use

Additional Details

Highway Access Yes
Dock-High Doors 1

Amenities

concrete floors
high ceilings
entry way w/ ramp
multiple storage rooms
restrooms w/ multiple stalls
loading dock
1/2 bath
exterior breezeway
plenty of power available

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Howard Hanna
Listed By: Karen Hollands · License #NY 10401308223
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:13AM

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 Howard Hanna

Investment Insights

Based on property information with market context.

This mixed-use property comprises two warehouse-style buildings on a 1.1-acre parcel within Cherry Street Business Park. The larger 7,400 SF building includes concrete flooring, elevated ceilings, a ramped entrance, several storage rooms, and restrooms with multiple stalls. It is leased to a retail business through 12/31/24. The second building contains 3,360 SF with concrete floors, high ceilings, a loading dock, and a 1/2 bath; it is leased month to month. An exterior breezeway links the buildings, and substantial power is available across the property.

The site is located at 227 Cherry St in Ithaca, less than half a mile from the Route 13 commercial corridor. Nearby businesses and destinations include the Tompkins County Chamber of Commerce & Visitors Center, Wegmans, and Ports of NY winery.

Key Highlights

  • 1.1‑acre parcel with two connected warehouse‑style buildings
  • 7,400 SF building leased to a retail business through 12/31/24
  • 3,360 SF second building leased month to month

Property Analytics

Current Use

Found In Ithaca Home Decor Store

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Restaurant 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

1
Dock-high doors
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,049
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected warehouse-style buildings provide retail, storage, loading, and restroom improvements.
Where is this mixed-use property located?
The property is located at 227 Cherry St Ithaca, NY.
What are key features of this property?
This property features: 1.1‑acre parcel with two connected warehouse‑style buildings; 7,400 SF building leased to a retail business through 12/31/24; 3,360 SF second building leased month to month
More about this property
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