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    903 Hanshaw Rd Ithaca, NY 14850

    Sponsored
    For Sale
    Contact for pricing

    Established Florist, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-established flower shop, operating for 65 years, presents a unique opportunity for acquisition. Located in a prestigious Ithaca, NY neighborhood shopping center near the Cornell University campus, this family-owned business enjoys a strong walk-in clientele from students, faculty, staff, and nearby residents. The business boasts established accounts with Cornell University, funeral homes, real estate offices, catering companies, and other local businesses, ensuring a consistent revenue stream. The shop is a member of the Teleflora wire service, further expanding its reach and potential. A strong online presence, including a website and active social media accounts, complements the existing customer base. The sale includes all equipment, furnishings, fixtures, and a delivery vehicle. Inventory is sold separately. A long-term lease is available under competitive terms. The current owner will provide assistance during the transition period. Detailed financial information will be provided upon the execution of a non-disclosure agreement (NDA). This turnkey operation offers a rare chance to own a profitable and reputable business in a thriving community. The prime location and established customer base make this an exceptional investment opportunity.

    Property Features for 903 Hanshaw Rd

    General Information

    Property type
    Lifestyle centers
    Property Profile Location Intelligence

    Current Use by Public Records

    Hart & Welsh DDS Dentist Corners Gallery Art Gallery Collegetown Dental Associates ... Dentist Skin Studio Ithaca Medical Spa Strayhorn Joseph Child Psychiatrist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.4791498
    Latitude
    42.4686845

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    FAQs

    What type of property is this?
    Lifestyle center - Established Florist, Prime Location
    Where is this lifestyle center located?
    The property is located at 903 Hanshaw Rd Ithaca, NY.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    903 Hanshaw Rd Ithaca, NY 14850
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