92 Genung Cir Ithaca, NY 14850
- Commercial real estate
- 13,725 SF
- 49.57 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 92 Genung Cir
- Year built
- 2001
- Lot size
- 49.57 lot acres
- Property size
- 13,725 SF
- Property type
- Commercial real estate
Description
This exceptional 13,725-square-foot, three-story residence presents a unique investment opportunity in Ithaca, New York. Situated on a 49.57-acre lot, its adaptable design lends itself to a wide range of commercial ventures. Currently configured for comfortable living, the property boasts ADA compliance, making it suitable for uses such as a luxury retirement home, assisted living facility, boutique hotel, restaurant, upscale bed and breakfast, or even a specialized school or spa. Its prime location offers easy access to downtown Ithaca, Cornell University, Ithaca College, and the scenic Cayuga Lake. The expansive kitchen, complete with a butler's pantry, is well-suited for catering to large or small groups. Multiple living spaces provide ample room for various configurations. An elevator services all three floors, enhancing accessibility. The property includes a unique 19' x 39' indoor Gunite pool, four en-suite bedrooms, two additional bedrooms, and six bathrooms. Energy-efficient geothermal heating and air conditioning are installed. A three-car attached garage offers additional space, potentially suitable for office or apartment conversion. The property's scale and adaptability make it an exceptional opportunity for a discerning investor seeking a versatile commercial space in a highly desirable location. Priced at $2,150,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.41157
- Latitude
- 42.42233
