2079 Shr Dr Lansing, NY 14882-9001
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.
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The Corner Pub at Rogues Harbor Nightclub Bar & Pub
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Rogues Harbor Inn 1830 LLC Bed & Breakfast Restaurant
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Stouthearted Jewelry (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Lansing, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.