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    Ithaca, NY Restaurants for Sale

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    9 properties
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    Restaurant with Outdoor Dining
    Updated: May 28
    Restaurant with Outdoor Dining

    202 E Falls Street, Ithaca, NY 14850

    $595,000
    2,214 sqft
    2,214 SF restaurant property built in 1985
    Commercial kitchen with dedicated preparation and cooking space
    Full‑service bar area for beverage and hospitality service
    Front patio plus rear outdoor dining area
    Paved or surfaced off‑street parking
    View details
    Historic Bed & Breakfast Property
    Updated: Jun 12, 2025
    Historic Bed & Breakfast Property

    2075-79 East Shore Drive, Lansing, NY 14882

    $949,000
    13,248 sqft 1.13 AC lot
    Nine‑room bed and breakfast with private baths, air conditioning, and Wi‑Fi
    13,248 square feet on 1.13 acres
    Three‑story brick building constructed in 1830
    Third‑floor ballroom used as a breakfast area and event space
    Ground‑floor bar and restaurant with commercial kitchen and rustic oak bar
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    Historic 9-Room Bed & Breakfast
    Historic 9-Room Bed & Breakfast

    2075-79 East Shore Drive, Lansing, NY 14882

    $949,000
    13,248 sqft

    Three-story brick landmark with guest accommodations, dining, and event space.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant with Commercial Kitchen
    Restaurant with Commercial Kitchen

    202 E Falls Street, Ithaca, NY 14850

    $595,000
    2,214 sqft

    Bright dining space includes a full-service bar, outdoor seating, and off-street parking.

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    Equipped Restaurant and Bar Space
    Equipped Restaurant and Bar Space

    404 State Street West, Ithaca, NY 14850

    $100,000
    1,792 sqft

    Turnkey restaurant and bar with outdoor seating available for sale.

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    Mixed-Use Building with Bar Tenant
    Mixed-Use Building with Bar Tenant

    632 W Seneca Street, Ithaca, NY 14850

    $365,000
    3,144 sqft

    Fully leased building combines a ground-floor bar with an upstairs residential apartment.

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    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    235 S Cayuga Street, Ithaca, NY 14850

    Contact for pricing
    22,000 sqft

    Multiple commercial spaces accommodate restaurant, kitchen, classroom, retail, and office functions.

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    Built-Out Restaurant With Patio
    Built-Out Restaurant With Patio

    409 College Avenue, Ithaca, NY 14850

    Contact for pricing
    3,980 sqft

    Interior includes dining, bar, and kitchen areas with a dedicated outdoor patio.

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    Restaurant Space with Hood
    Restaurant Space with Hood

    401 E State Street, Ithaca, NY 14850

    Contact for pricing
    1,600 sqft

    Existing restaurant improvements include a hood, trap, and ancillary system within a compact commercial layout.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 9 Active listings in Ithaca, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Apartment For Sale
    Restaurant and Apartment For Sale

    401 E Fourth St, Watkins Glen, NY 14891

    $259,900
    3,822 sqft

    Restaurant with apartment in downtown Watkins Glen. Business opportunity!

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    Cortland Commercial Building For Sale
    Cortland Commercial Building For Sale

    219 1/2 Tompkins St, Cortland, NY 13045

    $385,000
    0.73 AC lot

    Commercial building near SUNY Cortland, suitable for various enterprises.

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    Watkins Glen, NY 14891

    $1,800,000

    Operating restaurant, business assets, and two duplex properties are included in the offering.

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    Restaurant Building with Open Layout
    Restaurant Building with Open Layout

    219 1/2 Tompkins Street, Cortland, NY 13045

    $385,000
    3,378 sqft 0.73 AC lot

    Commercial building with adaptable interior space, updated roofing, central air, and accessible restrooms.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land I-81 Exit
    Prime Commercial Land I-81 Exit

    515 State Route 281, Tully, NY 13159

    $220,000
    1.00 AC lot

    High-visibility commercial land for development off I-81 in Tully.

    View details

    Off-Market Properties in Ithaca, NY

    Consider similar Off-Market properties in Ithaca, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    319 Taughannock Blvd
    RESTAURANT

    319 Taughannock Blvd, Ithaca, NY 14850-3230

    Estimated value:
    $295,000
    2,609 sqft 0.07 AC lot
    View details
    2303 Mecklenburg Rd
    NIGHTCLUB (COCKTAIL LOUNGE)

    2303 Mecklenburg Rd, Ithaca, NY 14850-9391

    Estimated value:
    $285,000
    6,250 sqft 1.63 AC lot
    View details
    2301 Triphammer Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    2301 Triphammer Rd, Ithaca, NY 14850-1011

    Estimated value:
    $265,000
    3,003 sqft 1.29 AC lot
    View details
    215 Elmira Rd
    RESTAURANT

    215 Elmira Rd, Ithaca, NY 14850-5301

    Estimated value:
    $180,000
    1,038 sqft 0.28 AC lot
    View details
    209 Pier Rd
    RESTAURANT

    209 Pier Rd, Ithaca, NY 14850

    Estimated value:
    $115,000
    1,320 sqft 0.77 AC lot
    View details
    406 Eddy St, Unit 10
    RESTAURANT

    406 Eddy St, Ithaca, NY 14850-4618

    Unit 10
    Estimated value:
    $585,000
    3,150 sqft 0.14 AC lot
    View details
    428 State St
    RESTAURANT

    428 State St, Ithaca, NY 14850-5220

    Estimated value:
    $280,000
    3,813 sqft 0.09 AC lot
    View details
    602 Buffalo St
    RESTAURANT

    602 Buffalo St, Ithaca, NY 14850-3351

    Estimated value:
    $310,000
    5,752 sqft 0.57 AC lot
    View details
    305 Stewart Ave
    RESTAURANT

    305 Stewart Ave, Ithaca, NY 14850-4517

    Estimated value:
    $700,000
    3,880 sqft 0.10 AC lot
    View details
    608 Mdw St
    RESTAURANT

    608 Mdw St, Ithaca, NY 14850-5319

    Estimated value:
    $2,255,000
    5,677 sqft 0.34 AC lot
    View details
    1928 Shr Dr
    RESTAURANT

    1928 Shr Dr, Lansing, NY 14882-8865

    Estimated value:
    $250,000
    2,403 sqft 0.52 AC lot
    View details
    215 Mdw St
    RESTAURANT

    215 Mdw St, Ithaca, NY 14850-4026

    Estimated value:
    $700,000
    3,200 sqft 0.31 AC lot
    View details
    708 Buffalo St
    RESTAURANT

    708 Buffalo St, Ithaca, NY 14850-3320

    Estimated value:
    $470,000
    5,032 sqft 0.93 AC lot
    View details
    1710 Trumansburg Rd
    BAR, TAVERN

    1710 Trumansburg Rd, Ithaca, NY 14850-9209

    Estimated value:
    $270,000
    3,908 sqft 0.81 AC lot
    View details
    635 State St
    RESTAURANT

    635 State St, Ithaca, NY 14850-3347

    Estimated value:
    $280,000
    5,038 sqft 0.21 AC lot
    View details

    Ithaca, NY Restaurants Market Trends and Statistics

    Explore 67 restaurants for sale in Ithaca, NY, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 63,440 square feet of properties for sale, with an estimated market value of $3,553,000.

    Sale prices for restaurant properties in Ithaca, NY start at $100,000, averaging $592,166, and reaching up to $949,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 14
    Bars & Pubs 7
    Commercial kitchens 7

    Demographics Overview

    Population 73K
    Population Growth (5Y) -2.9%
    Median Household Income $71,184
    College Educated 58.0%

    High-Yield Neighborhoods for Investment

    Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    14850 $236.4K

    Taxes & Financing

    Tax Rate (average for all types) 0.85%
    Property Tax per SF $21.37 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tompkins County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Ithaca fall within the 100,000+ square foot range.

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