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Private Office Suite with Private Side Entrance
For Lease
$650/Mo

418 E State Street, Ithaca, NY 14850

COMMERCIAL - Ithaca, NY

Space Size715 SF
Lot Size0.30 Acres
Days on Market527

Property Features for 418 E State Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Residential Multi Use
Rooms Basement
Parking 1
Parking features Paved or Surfaced
Lot features Rectangular, Rectangular Lot
Elementary school Belle Sherman
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Directions Head South on State Street. Building immediately comes up on your left after you pass Argos Inn
Subdivision Ithaca-City-500700
Standard status Active
APN 500700-069-000-0002-018-000-0000
Size 8,704 SF
Lot size 0.30 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air
Water source Public

Amenities

private side entrance
coworking
artist studios

Building Details

Year built 1975
Floors in Building 2
Number of units 1
Flooring type Linoleum, Vinyl
Roof type Rubber, Membrane
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Elizabeth Thompson · License #10401354854
Added: Mar 7, 2025 Changed: Aug 4 Last Checked: Aug 16 at 11:06AM
MLS# R1591894

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This private office suite offers a bright, inspiring workspace in the Argos Warehouse / Foundry building. The suite is located on the ground floor and features a private side entrance and great natural light. The space is vacant and described as ready for immediate move-in, with a flexible month-to-month lease structure.

The suite totals 715 sq. ft. and includes basement space as listed in the rooms. Flooring is listed as vinyl and linoleum. Heating is natural gas with central heating, and cooling is provided by central air. Parking is described as paved or surfaced.

The building was constructed in 1975. Utilities are listed as public water and public sewer, and the roof is noted as membrane/rubber. The property is presented as part of a creative hub that includes Argos Warehouse, Foundry Co-Working, and artist studios.

Key Highlights

  • 715 sq. ft. private office suite in the Argos Warehouse / Foundry building
  • Ground‑floor suite with a private side entrance and great natural light
  • Vacant space ready for immediate move‑in with a flexible month‑to‑month lease

Property Analytics

Current Use

Orkin Dental Lab Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home Pet Store Home Appliance Store Plumbing Service

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

2,546
Businesses Nearby

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

Lease Benchmarks for Ithaca, NY

$11.73 /SF/Yr
Avg Asking Price
$0.9–$26 /SF/Yr
Price Range
18,176 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor office suite with a private side entrance and central HVAC, offered with a flexible month-to-month lease.
Where is this office units located?
The property is located at 418 E State Street Ithaca, NY.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: 715 sq. ft. private office suite in the Argos Warehouse / Foundry building; Ground‑floor suite with a private side entrance and great natural light; Vacant space ready for immediate move‑in with a flexible month‑to‑month lease
More about this property
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