Restaurant Space with
For Lease
$45 SF/Yr
409 College Avenue, Ithaca, NY 14850
A built-out dining room, bar, and kitchen connect to an outdoor area configured for guest seating.
Space Size5,880 SF
Days on Market168
Property Features for 409 College Avenue
General Information
Standard status
Active
Size
5,880 SF
Net Rentable
5,880 SF
Zoning
MU-2, Business
Space & Availability
Available Space
5,880 SF
Contiguous Space
5,880 SF
Space Use
Restaurant
Restaurant
Patio
Yes
Second-Generation Restaurant
Yes
Amenities
patio
Building Details
Building Size
3,980 SF
Year Built
1985
Buildings
1
Stories
1
Listing Agency:
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 257-0666
Listed By:
Connor Colbert · License #10401293112
(607) 351-9027
Source:
Deeprootedrealty
Added: May 11
Changed: Oct 23
Last Checked: Oct 23 at 3:51PM
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)
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Investment Insights
Based on property information with market context.
At 409 College Avenue, this restaurant offering in Ithaca combines 3,980 square feet of interior space with a 1,900-square-foot patio. The indoor layout includes dining, bar, and kitchen areas, while the outdoor space provides seating for more than 300 guests. The property was built in 1985 and carries MU-2, Business zoning.
The space is in Collegetown, near Cornell University. The surrounding customer base includes Cornell’s 26,000 students and nearly 14,000 faculty and staff, along with local residents and businesses. The location is described as a high-traffic area.
The space is in Collegetown, near Cornell University. The surrounding customer base includes Cornell’s 26,000 students and nearly 14,000 faculty and staff, along with local residents and businesses. The location is described as a high-traffic area.
Key Highlights
- 3,980 square feet of interior restaurant space
- 1,900‑square‑foot patio with seating for more than 300 guests
- Interior configuration includes dining, bar, and kitchen areas
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,648
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Insomnia Cookies
Dining
1,055 visits/mo
0.1 miles
Teresa's Pizza
Dining
271 visits/mo
0.1 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
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Market
Lease Benchmarks for Ithaca, NY
$31.67 /SF/Yr
Avg Asking Price
$25–$45 /SF/Yr
Price Range
8,094 SF
Avg Space Size
This space is priced 42% above the average of $31.67 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Beautifully Charcuterie — 115 S Cayuga St, Ithaca, NY 14850
Frequently Asked Questions
What type of property is this?
Restaurant - A built-out dining room, bar, and kitchen connect to an outdoor area configured for guest seating.
Where is this restaurant located?
The property is located at 409 College Avenue Ithaca, NY.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 3,980 square feet of interior restaurant space; 1,900‑square‑foot patio with seating for more than 300 guests; Interior configuration includes dining, bar, and kitchen areas
