2303 Mecklenburg Rd Ithaca, NY 14850-9391
This exceptional commercial property, located at 2303 Mecklenburg Road in Ithaca, New York, presents a significant opportunity for investors and business owners alike. Boasting a substantial 6,250 square feet of space, this general commercial building sits on a generous 1.63-acre lot, offering ample room for expansion, outdoor activities, or additional development. The property's strategic location in Ithaca provides excellent visibility and accessibility, making it ideal for a wide range of commercial uses. The asking price of $295,000 represents a compelling value for a property of this size and potential in a thriving market. The building's interior layout is adaptable and can be customized to suit various business needs. The expansive lot offers significant parking possibilities, a crucial asset for any commercial enterprise. Given its size and location, this property is well-suited for a variety of businesses, from retail and office spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to acquire a prime commercial property in a desirable location. Further details and viewing arrangements can be made upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
Costs & 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.