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Commercial/Residential Live/Work King St 6,224 SF 81% Leased Industrial Building Trumansburg, NY 14886 $525,000 ($84.35/SF)



Investment Highlights
- 4.77 acres across two parcels — rare in-village acreage
- 6,224 SF main building with walk-up apartment (1,176 SF) above commercial space
- Inside Village of Trumansburg — public water, walkable to Main Street
- Mixed Use Industrial zoning permits warehouse, distribution, retail (5% accessory), and residential
- Adaptive reuse potential — workshop, maker space, distillery, agritourism
- 3.55-acre King St parcel includes 2022-built utility shed and canopy
Executive Summary
Rare mixed-use commercial opportunity inside the Village of Trumansburg. Two parcels conveying together totaling 4.77 acres under Mixed Use Industrial zoning. The main parcel includes an approximately 6,200 SF building zoned Mixed Use Industrial in the village, supporting a wide range of uses, including warehouse, distribution, light industrial, workshop, studio, retail/showroom, and live-work, with 1,176 SF of walk-up residential living quarters already in place. A separate 3.55-acre parcel fronts King Street, providing additional land, secondary road access, and space for storage, expansion, or future use. Public water and electric on both parcels. Walkable to downtown Trumansburg restaurants, shops, and the Cayuga Lake Scenic Byway, with quick access to Ithaca, the wine trail, and Taughannock Falls. A one-of-a-kind Finger Lakes asset combining income, acreage, and genuine village flexibility into multi-purpose spaces.
Located inside the Village of Trumansburg — 15 minutes to Ithaca and Cornell University, on the Cayuga Lake Wine Trail corridor, and within the Tompkins County trade area. Properties of this scale and use mix rarely come available inside village limits.
Located inside the Village of Trumansburg — 15 minutes to Ithaca and Cornell University, on the Cayuga Lake Wine Trail corridor, and within the Tompkins County trade area. Properties of this scale and use mix rarely come available inside village limits.
Property Facts
Amenities
- Front Loading
- Security System
- Storage Space
- Fiber Optic Internet
Utilities
- Lighting
- Gas - Propane
- Water - City
- Sewer - Septic Field
- Heating - Gas
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 503601-003-000-0002-003-000-0000 | Improvements Assessment | $145,000 |
| Land Assessment | $15,000 | Total Assessment | $160,000 |
Property Taxes
Parcel Number
503601-003-000-0002-003-000-0000
Land Assessment
$15,000
Improvements Assessment
$145,000
Total Assessment
$160,000
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Commercial/Residential Live/Work | King St
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