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Flex Space with Loading Dock
New
For Lease
$9 SF/Yr

23 Cinema Drive, Ithaca, NY 14850

COMMERCIAL - Ithaca, NY

Property Size10,368 SF
Lot Size3.20 Acres
Days on Market2

Property Features for 23 Cinema Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning com 1
Zoning description Commercial
Parking 15
Lot features Irregular Lot
Elementary school Cayuga Heights Elementary
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Subdivision Lansing-Village-503201
Standard status Active
APN 503201-046-001-0006-005-006-0000
Size 10,368 SF
Lot size 3.20 Acres

Utilities

Sewer type Public Sewer
Heating system Zoned, Natural Gas
Cooling system Zoned
Water source Public

Building Details

Year built 1985
Floors in Building 1
Flooring type Concrete
Roof type Metal
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Connor Colbert · License #10401293112
Added: Jul 31 Last Checked: Aug 1 at 11:06PM
MLS# R1703472

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 flex space offers 10,368 SF of flexible commercial warehouse space designed for a wide range of uses. The interior features high ceilings with an open, clear-span layout, along with concrete flooring to support efficient day-to-day operations. A loading dock provides convenient access for deliveries and logistics, and ample on-site parking supports employees and customers.

Set on a 3.2-acre site at 23 Cinema Drive in Ithaca, the property sits in an established commercial area with easy access to major roadways for connectivity across Ithaca and the greater Finger Lakes region. The building was built in 1985 and is roofed with metal roofing.

For building systems, the property includes zoned heating with natural gas and zoned cooling. Public utilities include public water and public sewer, supporting a straightforward infrastructure foundation for many tenant configurations, including warehouse, storage, distribution, light manufacturing, retail showroom use, and service-oriented businesses.

Key Highlights

  • 10,368 SF flex space with open, clear‑span layout
  • High ceilings plus concrete flooring
  • Loading dock for deliveries and logistics

Property Analytics

Current Use

ATM Machine at The Laundry ... Atm Vineyard Church of Ithaca Church Cindy's Chinese Class ... Training Center Ithaca Tofu (Bike/Boat/Book/etc) Store Autopart International Auto Parts Store

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Nail Salon Big Box & Wholesale Store Kitchen & Bath Showroom

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
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby
Balanced
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Hope's Events & Catering — 903 Hanshaw Rd, Ithaca, NY 14850
  • Nu Spice — 15 Catherwood Rd, Ithaca, NY 14850

Frequently Asked Questions

What type of property is this?
Flex space - Flex space in zoning com 1 with clear-span interior, high ceilings, concrete floors, and zoned natural gas heat and cooling.
Where is this flex space located?
The property is located at 23 Cinema Drive Ithaca, NY.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 10,368 SF flex space with open, clear‑span layout; High ceilings plus concrete flooring; Loading dock for deliveries and logistics
More about this property
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