Flex Space with Warehouse and
For Sale
$425,000
615 Five Mile Drive, Ithaca, NY 14850
Multi-building commercial property combines offices, warehouse capacity, heated workshop space, and fleet parking on a two-acre site.
Property Size8,374 SF
Lot Size2.00 Acres
Price / SF$50.75
Days on Market42
Property Features for 615 Five Mile Drive
General Information
Standard status
Active
Size
8,374 SF
Lot size
2.00 Acres
Property subtype
CommercialSale
Warehouse & Industrial
Clear Span
Yes
Warehouse Space
3,650 SF
Office Build-Out
1,524 SF
Building Details
Buildings
3
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Howard Hanna Corning
(607) 742-7301
Listed By:
Jody Saunders · License #10401275949
(607) 742-7301
Source:
Nicholcityrealty
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 29 at 5:57PM
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 2.00-acre commercial property includes three separate structures totaling 8,374 square feet: a 1,524-square-foot office building, a 3,650-square-foot clear-span warehouse, and a 3,200-square-foot garage and office building. The office includes two reception areas, three private offices, a break room, storage, and two bathrooms. The warehouse offers an open metal-frame interior, while the heated garage includes three overhead doors, workshop and storage areas, an oil-separation system, one bathroom, office space, and attic storage.
Parking for 25+ vehicles supports fleet-oriented operations and multi-tenant use. The property also has creek and inlet frontage, with 0.47 acres subject to NYS permanent easements. It is adjacent to the new Amabel residential development within an active growth corridor and offers access to downtown Ithaca, Cornell, and major routes. Future residential conversion or redevelopment may be possible subject to municipal approvals.
Parking for 25+ vehicles supports fleet-oriented operations and multi-tenant use. The property also has creek and inlet frontage, with 0.47 acres subject to NYS permanent easements. It is adjacent to the new Amabel residential development within an active growth corridor and offers access to downtown Ithaca, Cornell, and major routes. Future residential conversion or redevelopment may be possible subject to municipal approvals.
Key Highlights
- Three‑building commercial property totals 8,374 square feet on 2.00 acres
- 1,524‑square‑foot office building with three private offices and two bathrooms
- 3,650‑square‑foot clear‑span metal‑frame warehouse
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Wegmans Catering — 500 S Meadow St, Ithaca, NY 14850
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial property combines offices, warehouse capacity, heated workshop space, and fleet parking on a two-acre site.
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 commercial property totals 8,374 square feet on 2.00 acres; 1,524‑square‑foot office building with three private offices and two bathrooms; 3,650‑square‑foot clear‑span metal‑frame warehouse
