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301 S Cayuga St
Ithaca, NY 14850
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 301, 303, 313 & 315 S. Cayuga Street. 4 parcels – 0.45 Acres. Edge of Central Business District
- Flexible zoning allows for multi-family development and range of other commercial uses
- Ithaca is located at the southern end of Cayuga Lake in the heart of the Finger Lakes Region
- Commercial building (3,384+/-sf) on site along with 2 parking lots.
- Site is within a short walk to Downtown Business District and within a short drive to both Cornell University & Ithaca College Campuses
- Home to Cornell University & Ithaca College, the Ithaca area boasts a strong economy anchored by educational, health care, tech and tourism sectors
EXECUTIVE SUMMARY
Rare development site on edge of Ithaca Downtown Business District. Former Auto Body Shop (3,384 SF) on 0.45 acres to include two (2) parking lots. Prime location and flexible zoning allow for multiple redevelopment opportunities to include apartments and/or retail. Level site with all municipal services.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
3,384 SF
Building Class
C
Year Built
1980
Price
$2,100,000
Price Per SF
$620.57
Percent Leased
100%
Building Height
1 Story
Building FAR
0.17
Lot Size
0.45 AC
Zoning
B-4 - Central Business District
PROPERTY TAXES
| Parcel Number | 500700-081-000-0011-001-000-0000 | Improvements Assessment | $0 |
| Land Assessment | $40,000 | Total Assessment | $40,000 |
PROPERTY TAXES
Parcel Number
500700-081-000-0011-001-000-0000
Land Assessment
$40,000
Improvements Assessment
$0
Total Assessment
$40,000
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