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    407 Cliff St Ithaca, NY 14850

    Sponsored
    For Sale
    $2,940,000

    24,232 SF Manufacturing Building, 2.77 Acres

    Property size:
    24,232 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This vacant 24,232 square foot manufacturing building sits on a 2.77-acre lot in Ithaca, New York, offering significant potential for adaptive reuse or continued light industrial/warehouse use. The property boasts 14' to 16' clear ceiling heights in the warehouse space, enhancing functionality and storage capacity. Access is facilitated by multiple overhead grade-level exterior and interior doors, complemented by three truck-level docks, ensuring efficient loading and unloading. The building comprises approximately 20,000 square feet of manufacturing/warehouse space and an additional 4,000 square feet of office space. Utilities are readily available, including public water and sewer, along with electric and gas services, supported by an 800-amp, three-phase electrical service. Ample on-site parking is provided, catering to employee and visitor needs. The property is strategically located on NYS Route 96, just outside the city of Ithaca, offering convenient access to transportation networks. The extensive yard space, partially fenced, adds to the property's versatility. This property presents a compelling opportunity for businesses seeking a well-equipped facility with substantial space and excellent access. The combination of warehouse, office, and flex space makes it suitable for a variety of uses.

    Property Features for 407 Cliff St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    24,232 SF
    Lot Size
    120,661 SF

    HighLights

    • Excellent location just outside Ithaca, NY on NY State Route 96.
    • 24,232 square foot former manufacturing building on a 2.77‑acre lot.
    • Building features approximately 20,000 square feet of manufacturing/warehouse space and 4,000 square feet of office space.
    • Equipped with 3‑phase, 800‑amp heavy power service.
    • Manufacturing/warehouse area boasts 14' to 16' clear ceiling height.
    • Seven loading docks: four grade‑level doors and three truck‑level doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Discover Ithaca Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.5156805
    Latitude
    42.4450212

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    FAQs

    What type of property is this?
    Manufacturing property - 24,232 SF Manufacturing Building, 2.77 Acres
    Where is this manufacturing property located?
    The property is located at 407 Cliff St Ithaca, NY.
    What is the asking price?
    The asking price for this property is $2,940,000.
    What are key features of this property?
    This property features: Excellent location just outside Ithaca, NY on NY State Route 96.; 24,232 square foot former manufacturing building on a 2.77-acre lot.; Building features approximately 20,000 square feet of manufacturing/warehouse space and 4,000 square feet of office space.
    Request Owner's contact information
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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
    407 Cliff St Ithaca, NY 14850
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