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108-114 E State St
Ithaca, NY 14850
Old Cigar Factory · Property For Lease · 19,986 SF

Highlights

  • Lease 1,134 SF of prime ground-level retail space at the Old Cigar Factory, which features open layouts, high ceilings, and large display windows.
  • Located on Ithaca Commons near TCAT bus hubs, with access to Cornell and Ithaca College, drawing 70K residents and 60K daytime employees nearby.
  • Positioned below residential units, the space benefits from built-in foot traffic, ideal for boutique retail or food concepts seeking visibility.
  • Surrounded by Paris Baguette, The Outdoor Store, and local shops, the corridor thrives on events, dining, and strong $720M annual consumer spending.

About the Property

108 E State Street, The Old Cigar Factory, in Ithaca, New York, presents a prime retail leasing opportunity featuring 1,134 square feet of fully built-out ground-floor space with an open layout and expansive display windows. Renovated in 2016, the space features high 12-foot ceilings, granite exterior finishes, LED-lit frontage, and an energy-efficient VRF heat pump system for year-round comfort. ADA-compliant features, including a demised restroom and integrated storage, enhance operational efficiency. Located beneath residential apartments, the space benefits from a built-in customer base while capturing consistent foot traffic from the surrounding downtown environment, positioning it as an ideal setting for retail concepts seeking visibility, functionality, and immediate occupancy. Strategically located within the Ithaca Commons, one of the city’s most active commercial corridors, with direct access to the Tompkins Consolidated Area Transit network. Green Street and Seneca Street bus stops sit within a five-minute walk, connecting the site to Cornell University and Ithaca College. The surrounding trade area includes approximately 70,000 residents within a 5-mile radius and an additional 60,000 daytime employees within 2 miles, generating $720 million in annual consumer spending. Neighboring retailers such as Paris Baguette, The Outdoor Store, Benjamin Peters, and Home Green Home contribute to a vibrant retail ecosystem that drives cross-shopping. Situated in the heart of a dynamic, walkable downtown, the Ithaca Commons serves as a year-round destination for dining, shopping, festivals, and community events. A highly educated and diverse population, driven by the presence of Cornell University and Ithaca College, supports demand for experiential retail, food and beverage, and boutique concepts. 108 E State Street offers a rare opportunity to establish a presence within a tightly held corridor where consistent activity, strong demographics, and a built-in customer base converge to support long-term retail success.

Property Facts

Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 19,986 SF
Year Built/Renovated 1975/2016
  • Listing ID: 29403672

  • Date on Market: 8/30/2023

  • Last Updated:

  • Address: 108-114 E State St, Ithaca, NY 14850

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