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Mixed-Use Property with Multiple Suites
For Lease
$25 SF/Yr NNN

235 S Cayuga St, Ithaca, NY 14850

A multi-suite commercial property offers restaurant, kitchen, classroom, retail, and office configurations under NNN lease terms.

Space Size4,300 SF
Days on Market13

Property Features for 235 S Cayuga St

General Information

Standard status Active
Size 4,300 SF
Net Rentable 4,300 SF
Lease Type NNN

Space & Availability

Available Space 4,300 SF
Contiguous Space 4,300 SF
Space Use Restaurant

Lease Terms

Lease Rate $25 /USD/SF/YR
Monthly Rent $8,958
Rent per SF/Year $25
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Connor Colbert · License #10401293112
Source: Exprealty
Added: Sep 2 Changed: Sep 13 Last Checked: Sep 13 at 4:21PM

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 Warren Real Estate of Ithaca Inc. (Downtown)

Investment Insights

Based on property information with market context.

This 22,000 SF mixed-use commercial property is configured with seven available spaces spanning several business formats. The offerings include a 4,300 SF fully built-out restaurant, a 1,880 SF catering and commercial kitchen, classroom and flex spaces of 1,950 SF and 2,000 SF, retail suites available at 1,300 SF or 2,600 SF, 5,600 SF of office space, and individual 100 SF offices. Lease structures are NNN, with terms varying by space.

The property is located at 235 S Cayuga St in Ithaca, NY. Its combination of restaurant, food-service, educational, retail, and office configurations provides a broad range of commercial space options within one mixed-use building.

Key Highlights

  • 22,000 SF mixed‑use property with seven available spaces
  • 4,300 SF fully built‑out restaurant space
  • 1,880 SF catering and commercial kitchen

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

2,588
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 31% Hotels & Casinos 11% Apparel 4%
Dunkin' Donuts Dining
16,965 visits/mo 0.5 miles
Sunoco Shops & Services
9,537 visits/mo 0.1 miles
Ithaca Marriott Downtown on the Commons Hotels & Casinos
3,958 visits/mo 0.2 miles
Franco's Pizza Dining
2,113 visits/mo 0.4 miles
Signarama Shops & Services
1,462 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A multi-suite commercial property offers restaurant, kitchen, classroom, retail, and office configurations under NNN lease terms.
Where is this mixed-use property located?
The property is located at 235 S Cayuga St 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 SF mixed‑use property with seven available spaces; 4,300 SF fully built‑out restaurant space; 1,880 SF catering and commercial kitchen
More about this property
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