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Restaurant Space with Hood
For Sale
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401 E State Street, Ithaca, NY 14850

Existing restaurant improvements include a hood, trap, and ancillary system within a compact commercial layout.

Property Size1,600 SF
Price / SF$0.02
Days on Market41

Property Features for 401 E State Street

General Information

Standard status Active
Size 1,600 SF
Property subtype CommercialLease

Restaurant

Commercial Hood Yes
Grease Trap Yes
Listing Agency: Warren Real Estate of Ithaca Inc. (Downtown)
Listed By: Connor Colbert · License #10401293112
Source: Nicholcityrealty
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 31 at 5:03PM

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 restaurant property offers 1,600 SF of existing restaurant space at 401 E State Street in Ithaca City, NY. The improvements include a hood, trap, and ancillary system, providing core infrastructure associated with restaurant operations.

The property is identified as a conventional restaurant and is offered for sale. Its established restaurant configuration and installed equipment create a focused option for continued restaurant use.

Key Highlights

  • 1,600 SF restaurant space
  • Hood and ancillary system included
  • Existing trap in place

Property Analytics

Current Use

Salamone Anna Foster Care Service Blossom YOGA Gym & Fitness Center GiveGab (Bike/Boat/Book/etc) Store FedEx Drop Box Postal Service

Suggested Use

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

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

Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

2,755
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 56% Shops & Services 21% Dining 13% Home Improvements & Furnishings 4%
Wegmans Groceries
79,838 visits/mo 0.4 miles
Dunkin' Donuts Dining
16,965 visits/mo 0.2 miles
Sunoco Shops & Services
9,537 visits/mo 0.3 miles
Citgo Shops & Services
9,481 visits/mo 0.4 miles
Ithaca Agway & Ace Hardware Home Improvements & Furnishings
5,967 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include a hood, trap, and ancillary system within a compact commercial layout.
Where is this conventional restaurant located?
The property is located at 401 E State Street Ithaca, NY.
What are key features of this property?
This property features: 1,600 SF restaurant space; Hood and ancillary system included; Existing trap in place
More about this property
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