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Multi-Suite Office Property
New
For Lease
$15-$30 SF/Yr

235 S Cayuga Street, Ithaca, NY 14850

CommercialLease, Ithaca, NY

Space Size100 SF - 5,600 SF
Lot Size0.92 Acres
Days on Market3

Property Features for 235 S Cayuga Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CBD-100
Zoning description Commercial
Parking 200
Lot features Rectangular, Rectangular Lot
Elementary school Fall Creek Elementary
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Subdivision Ithaca-City-500700
Standard status Active
APN 500700-081-000-0002-001-000-0001
Size 22,000 SF
Lot size 0.92 Acres

Utilities

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

Building Details

Year built 2005
Floors in Building 1
Number of units 6
Flooring type Carpet, Concrete
Roof type Flat
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Connor Colbert · License #10401293112
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 8:06PM
MLS# R1711904

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 22,000-square-foot commercial property contains seven available spaces configured for varied office and commercial uses. The offering includes a 5,600-square-foot office suite, individual 100-square-foot offices, classroom and flex areas, retail space, a catering or commercial kitchen, and a fully built-out restaurant. Interior finishes include carpet and concrete flooring, with zoned central air conditioning and zoned natural gas heating.

Built in 2005, the property occupies 0.92 acres in Ithaca, New York. It is zoned CBD-100 and served by public water and public sewer. A flat roof and central building systems support the property's mix of professional, educational, retail, food-service, and office configurations.

Key Highlights

  • 22,000‑square‑foot commercial property with seven available spaces
  • 5,600‑square‑foot office suite plus individual 100‑square‑foot offices
  • Includes 4,300‑square‑foot built‑out restaurant and 1,880‑square‑foot commercial kitchen

Property Analytics

Current Use

ChargePoint Charging Station Electric Vehicle Charging Station Premium Parking - P8251 Parking Lot & Garage Merrill Lynch Wealth ... Financial Advisor Merrill Lynch Wealth ... Financial Advisor Any Graphics Today Marketing & Advertising

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Home Appliance Store Plumbing Service Tanning Salon

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,588
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

$15 /SF/Yr
Avg Asking Price
$2.52–$26 /SF/Yr
Price Range
18,268 SF
Avg Space Size

This space is priced 50% above the average of $15 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - CBD-100 office property with flexible commercial spaces, public utilities, central air, and natural gas heating.
Where is this office units located?
The property is located at 235 S Cayuga Street Ithaca, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 22,000‑square‑foot commercial property with seven available spaces; 5,600‑square‑foot office suite plus individual 100‑square‑foot offices; Includes 4,300‑square‑foot built‑out restaurant and 1,880‑square‑foot commercial kitchen
More about this property
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