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Retail Space Near Cornell University
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40 Catherwood Road, Ithaca, NY 14850

Large retail spaces with high ceilings and ample parking.

Property Size622,822 SF
Days on Market163

Property Features for 40 Catherwood Road

General Information

Standard status Active
Size 622,822 SF
Property subtype Retail
Occupancy 74%
Lease Type NNN

Building Details

Tenancy Single
Listing Agency: Hanna CRE
Listed By: Ashley McClary · License #10401402285
Source: Crexi
Added: Mar 26 Changed: Sep 3 Last Checked: Sep 1 at 6:01PM

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 Hanna CRE

Investment Insights

Based on property information with market context.

Available for purchase are empty big box retail spaces featuring a 16-foot clear height, expansive parking areas, and access to at-grade overhead doors and loading bays. These spaces are connected to the Shops at Ithaca, an enclosed shopping mall. The location is approximately two miles from Cornell University, an Ivy League institution with a student population exceeding 28,500. Ithaca College, with over 5,200 students, is situated five miles from the site.

Key Highlights

  • Large parking fields available
  • 16' clear height
  • Access to at‑grade overhead doors & loading bays

Property Analytics

Current Use

Spencers (Bike/Boat/Book/etc) Store Shoe Dept. Clothing & Fashion Store Subway Take-out & Catering Shops at Ithaca Shopping Center & Mall Photo Booths Wedding Service

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

589
Businesses Nearby
297k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Shops & Services 20% Groceries 15% Dining 14%
Target Superstores
77,971 visits/mo 0.2 miles
Tops Friendly Markets Groceries
32,367 visits/mo 0.2 miles
McDonald's Dining
30,895 visits/mo 0.1 miles
BJ's Wholesale Club Superstores
26,352 visits/mo 0.3 miles
Ace Northeast Hardware Home Improvements & Furnishings
18,480 visits/mo 0.3 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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail spaces with high ceilings and ample parking.
Where is this retail space located?
The property is located at 40 Catherwood Road Ithaca, NY.
What are key features of this property?
This property features: Large parking fields available; 16' clear height; Access to at‑grade overhead doors & loading bays
More about this property
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