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Equipped Restaurant and Bar Space
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404 W State St, Ithaca, NY 14850

Turnkey restaurant and bar with outdoor seating available for sale.

Property Size1,792 SF
Price / SF$55.80
Days on Market162

Property Features for 404 W State St

General Information

Standard status Active
Size 1,792 SF
Class B
Property subtype Business for Sale
Listing Agency: Pyramid Brokerage Company, Inc
Listed By: Michael Barry · License #10401384688
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 18 at 8:17PM

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 Pyramid Brokerage Company, Inc

Investment Insights

Based on property information with market context.

This 1792-square-foot commercial space features a bar and dining room. The property is fully equipped and ready for a variety of restaurant concepts. Seating is available for over 50 patrons. Outdoor seating is available in front of the property, with the option to lease additional al fresco seating on the side. Previous restaurant concepts operating in the space included Asian and Farm-to-Table establishments. The owner is willing to finance.

Key Highlights

  • Fully equipped bar and dining room ready for immediate operation.
  • Owner willing to finance.
  • Seating for over 50 patrons.

Property Analytics

Current Use

The Rook Restaurant

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.

Location Intelligence

Trade Area within ½ mile

2,755
Businesses Nearby
141k
Monthly Visits Nearby
Well-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
Questions? Ask Rey
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Similar Off Market Nearby

  • CBT 910 W State St, Ithaca, NY 14850
  • Ithaca Social 222 S Cayuga St, Ithaca, NY 14850
  • The Westy 516 W State St #100, Ithaca, NY 14850
  • The Rhine House 632 W Seneca St, Ithaca, NY 14850
  • Maxie's Supper Club & Oyster Bar 635 W State St, Ithaca, NY 14850

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey restaurant and bar with outdoor seating available for sale.
Where is this bar & pub located?
The property is located at 404 W State St Ithaca, NY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fully equipped bar and dining room ready for immediate operation.; Owner willing to finance.; Seating for over 50 patrons.
(607) 277-2327 Call to check price and availability
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