Multi-Building Flex
For Sale
$425,000
615 Five Mile Drive, Ithaca, NY 14850
Commercially zoned site with offices, warehouse space, heated workshop areas, and vehicle parking across three separate buildings.
Property Size8,374 SF
Lot Size2.00 Acres
Price / SF$50.60
Days on Market248
Property Features for 615 Five Mile Drive
General Information
Standard status
Active
Size
8,374 SF
Total Parking Spaces
25
Lot size
2.00 Acres
Property subtype
Commercial
Zoning
Com/Res, Commercial
Warehouse & Industrial
Clear Span
Yes
Warehouse Space
3,650 SF
Office Build-Out
1,524 SF
Taxes and HOA fees
Annual Taxes
$11,270
Building Details
Building Size
8,374 SF
Year Built
1975
Buildings
3
Stories
1
Owner Occupied
Yes
Listing Agency:
Howard Hanna Corning
(607) 742-7301
Listed By:
Jody Saunders · License #10401275949
(607) 742-7301
Source:
Homeprocny
Added: Dec 8, 2025
Changed: Aug 9
Last Checked: Aug 13 at 12:26PM
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 Howard Hanna Corning
Investment Insights
Based on property information with market context.
This flex property comprises three buildings totaling approximately 8,400 sq ft on 2.00 acres. The 1,524 sq ft office building contains two reception areas, three private offices, a break room, storage, and two bathrooms. A 3,650 sq ft clear-span, metal-frame warehouse provides an open interior, while the 3,200 sq ft garage and office building includes three overhead doors, a heated shop, workshop and storage areas, one bathroom, office space, attic storage, and an oil-separation system.
The site includes parking for 25+ vehicles and creek and inlet frontage, with 0.47 acres subject to NYS permanent easements. Zoning is Com/Res, Commercial. The property is adjacent to the new Amabel residential development and offers access to downtown Ithaca, Cornell, and major routes. Built in 1975, the facility supports a combination of office, warehouse, workshop, storage, and fleet functions.
The site includes parking for 25+ vehicles and creek and inlet frontage, with 0.47 acres subject to NYS permanent easements. Zoning is Com/Res, Commercial. The property is adjacent to the new Amabel residential development and offers access to downtown Ithaca, Cornell, and major routes. Built in 1975, the facility supports a combination of office, warehouse, workshop, storage, and fleet functions.
Key Highlights
- Three‑building flex property totals approximately 8,400 sq ft on 2.00 acres
- 1,524 sq ft office building with three private offices, two reception areas, break room, storage, and two bathrooms
- 3,650 sq ft clear‑span metal‑frame warehouse
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in Northeast region
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Similar Off Market Nearby
- Wegmans Catering — 500 S Meadow St, Ithaca, NY 14850
Frequently Asked Questions
What type of property is this?
Flex space - Commercially zoned site with offices, warehouse space, heated workshop areas, and vehicle parking across three separate buildings.
Where is this flex space located?
The property is located at 615 Five Mile Drive Ithaca, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑building flex property totals approximately 8,400 sq ft on 2.00 acres; 1,524 sq ft office building with three private offices, two reception areas, break room, storage, and two bathrooms; 3,650 sq ft clear‑span metal‑frame warehouse
