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    Lansing, NY
    Office Units

    Lansing, NY Office Units for Sale

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    Trumansburg, NY Interlaken, NY Genoa, NY Ovid, NY Freeville, NY Locke, NY Groton, NY Venice, NY
    6 properties
    Downtown Mixed-Use Building
    Updated: Apr 1
    Downtown Mixed-Use Building

    120 State Street East, Ithaca, NY 14850

    $2,150,000
    14,053 sqft 0.16 AC lot
    14,053 SF, three‑story mixed‑use commercial building in the City of Ithaca Commons (Downtown Business District).
    Ground‑floor long‑time retail presence with additional flex space for potential expansion of existing or new uses.
    Recently renovated office space on the 2nd floor.
    Third floor features two spacious 2‑bedroom apartments.
    0.16‑acre site with zoning that allows vertical redevelopment up to 6 stories.
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 State Street East, Ithaca, NY

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $179K
      Annual

    • Price @ 7% Cap

      $2.55M
      Above asking

    • Last Sold

      Feb 2001
      $464K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1975
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    Multi-Building Flex Property
    Updated: Dec 8, 2025
    Multi-Building Flex Property

    615 Five Mile Drive, Ithaca, NY 14850

    $425,000
    8,374 sqft 0.44 AC lot
    8,374 SF across three commercial buildings
    1,524 SF office building with three private offices and two bathrooms
    3,650 SF clear‑span metal‑frame warehouse
    3,200 SF heated garage and office building with three overhead doors
    Parking for 25+ vehicles
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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    158 E State St, Ithaca, NY 14850

    $1,845,000
    6,670 sqft

    Four-story mixed-use building with fully leased retail, business service, and apartment floors.

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    Elevator Office Unit
    Elevator Office Unit

    21 Dutch Mill Road, Lansing, NY 14850

    Contact for pricing
    5,500 sqft

    Second-floor workspace includes private offices, conferencing, workstations, break facilities, and on-site parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Ground-Floor Private Office Unit
    Ground-Floor Private Office Unit

    418 E State Street, Ithaca, NY 14850

    Contact for pricing
    8,704 sqft

    Vacant office suite with a private entrance, natural light, and month-to-month lease flexibility.

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    Furnished Second-Floor Office Units
    Furnished Second-Floor Office Units

    108 W. State Street, Ithaca, NY 14850

    Contact for pricing
    2,025 sqft

    Configured with collaborative and private areas, kitchenette, bathroom, and extensive window exposure.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Lansing, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Profitable Virgil Property with Multiple Streams
    Profitable Virgil Property with Multiple Streams

    1234 State Route 392, Cortland, NY 13045

    $900,000
    6,560 sqft 3.11 AC lot

    Turn-key investment property with welding business, storage, and U-Haul.

    View details
    Flexible Commercial Flex Space
    Flexible Commercial Flex Space

    3137 Lake Road, Horseheads, NY 14845

    $115,000
    4,848 sqft

    Private offices, conference and retail areas, upper-level space, and basement storage support varied commercial layouts.

    View details
    Office Units with Efficiency Apartment
    Office Units with Efficiency Apartment

    10 Ridge Road, Horseheads, NY 14845

    $160,000

    Commercial building combines multiple office rooms with an efficiency apartment and on-site parking.

    View details
    Multi-Unit Office Building
    Multi-Unit Office Building

    50 Clinton Ave, Cortland, NY 13045

    Contact for pricing

    Three office units with separate electric, heat, and air, plus attic and basement storage.

    View details

    Lansing, NY Office Units Market Trends and Statistics

    Explore 6 office units for sale in Lansing, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 45,326 square feet of properties for sale, with an estimated market value of $4,420,000.

    Sale prices for office units in Lansing, NY start at $425,000, averaging $1,473,333, and reaching up to $2,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,193
    Population Growth (5Y) +3.0%
    Median Household Income $94,886
    College Educated 73.6%

    Taxes & Financing

    Tax Rate (average for all types) 0.62%
    Property Tax per SF $31.19 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

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