Flex Space with Loading
New
For Lease
$9 SF/Yr
23 Cinema Drive, Ithaca, NY 14850
COMMERCIAL - Ithaca, NY
Space Size10,368 SF
Lot Size3.20 Acres
Days on Market4
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)
(607) 257-0666
Listed By:
Connor Colbert · License #10401293112
(607) 351-9027
Added: Jul 31
Last Checked: Aug 3 at 9:06PM
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.
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
Property Profile
Current Use
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
Explore this area
Business Placement
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
$6.49 /SF/Yr
Avg Asking Price
$0.97–$9 /SF/Yr
Price Range
11,633 SF
Avg Space Size
This space is priced 39% above the average of $6.49 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Hope's Events & Catering — 903 Hanshaw Rd, Ithaca, NY 14850
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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
