2079 Shr Dr Lansing, NY 14882-9001

Property Details for 2079 Shr Dr

Year built

1975

Lot size

0.59 lot acres

Property size

8,856 SF

Zone code

B1

Property type

Turn key restaurants

APN

503289 37.1-2-2

APU

50328937122

Description

This exceptional investment opportunity presents a profitable, turnkey operation in the heart of the Greater Ithaca Area. The property encompasses two commercial buildings totaling 13,248 square feet situated on a 1.13-acre lot. The main building, a historic three-story structure built in 1830, houses an eight-room bed and breakfast with a strong booking history and a separate retail space currently available for lease. A second, smaller building (1,440 sq ft) is fully leased to a retail tenant, providing additional income. The property also includes a fully equipped and fixtured pub and restaurant, currently under separate lease for an additional $100,000 asking price, with seating for over 90 patrons both indoors and outdoors. This established business boasts a loyal local clientele and benefits from its location on the Cayuga Wine Trail and the Finger Lakes Beer Trail, attracting significant tourist traffic. The property's prime location offers easy access to downtown Ithaca, Cornell University, and Cayuga Lake. This multi-income stream property is a rare find, offering a blend of historical charm and significant financial potential. The property is classified as Class B retail, with a modified lease type and 100% occupancy across its two units. The asking price for this unique offering is $995,000.

Location Insight

City

Lansing

County

Tompkins

State

New York

Longitude

-76.5055

Latitude

42.5378

CBSA code

27060

CBSA name

ITHACA, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments