520 State St Ithaca, NY 14850
- Retail properties
- 1 SF
Current Use by Public Records
- VonBergen Chiropractic Health Care / Chiropractor
Property Details for 520 State St
- Property size
- 1 SF
- Property type
- Retail properties
Description
This exceptional retail property at 520 W State St, Ithaca, NY 14850, presents a unique investment opportunity. Located in the heart of downtown Ithaca, this multi-tenant building offers 1 square foot of prime commercial space, currently boasting 100% occupancy. The asking price is $950,000, translating to a price per square foot of $950,000. This reflects the significant value and potential for future appreciation inherent in this strategically located asset. The property's prime location within Tompkins County ensures high visibility and accessibility, attracting a steady stream of potential customers. Given the current occupancy rate, this investment offers immediate cash flow and a strong foundation for future growth. The property's strong performance and desirable location make it an ideal acquisition for investors seeking a stable, high-return investment in a thriving downtown area. Further details regarding the specific tenants and lease agreements are available upon request. This is a rare opportunity to acquire a highly sought-after commercial property in a dynamic and growing market. Don't miss out on this chance to secure a piece of Ithaca's vibrant downtown scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.5073
- Latitude
- 42.4395
