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Ground-Level Office Suite
For Lease
$900/Mo

538 W State Street, Ithaca, NY 14850

COMMERCIAL - Ithaca, NY

Space Size800 SF
Lot Size0.22 Acres
Days on Market257

Property Features for 538 W State Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning CBD-50
Zoning description Commercial
Rooms Basement
Parking 5
Lot features Irregular Lot
Elementary school Beverly J Martin Elementary
Elementary school district Ithaca
Middle school district Ithaca
High school district Ithaca
Subdivision Ithaca-City-500700
Standard status Active
APN 500700-072-000-0003-026-000-0000
Size 800 SF
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Baseboard
Water source Public

Amenities

off-street parking

Building Details

Year built 1975
Floors in Building 3
Flooring type Hardwood, Varies
Building materials BlownInInsulation
Roof type Metal
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Laura Fiore · License #10301208660
Added: Dec 2, 2025 Changed: Aug 4 Last Checked: Aug 16 at 9:06AM
MLS# R1652516

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.

Ground-level office suite offering three private offices and approximately 800 SF of flexible workspace. The building includes a basement area, hardwood and varied flooring, metal roofing, and blown-in insulation. Heating is provided by baseboard and hot water systems with natural gas. Water is public, and sewer is public sewer.

Located in Ithaca’s West End, the suite is just off Rt 13N, with easy access to public transportation. Off-street parking is available for visitors and staff.

Zoned CBD-50, this ground-level configuration is well suited for businesses seeking an accessible, office-focused space with multiple rooms.

Key Highlights

  • Three private offices plus approximately 800 SF ground‑level suite
  • 0.22‑acre lot
  • Off Rt 13N with access to public transportation

Property Analytics

Current Use

Michael J. Longo, ... Financial Advisor Deeply Devoted Massage Alternative Medicine Practice

Suggested Use

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

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
Highway access
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,189
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

This space is priced 15% above the average of $11.73 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-level office suite with three private offices, 800 SF, and off-street parking, zoned CBD-50.
Where is this office units located?
The property is located at 538 W State Street Ithaca, NY.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Three private offices plus approximately 800 SF ground‑level suite; 0.22‑acre lot; Off Rt 13N with access to public transportation
More about this property
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