158 E State St - Storefront Retail/Office FOR SALE


Ithaca, NY 14850- Downtown Ithaca
$1,895,000 USD
607-227-7558
158 E State St, Ithaca, NY for Sale
$1,895,000 USD
Storefront Retail/Office - FOR SALE
1/53
null | 7.57% Cap Rate

158 E State St
Ithaca, NY 14850
Downtown Ithaca


OVERVIEW

Iconic, four-story American Crafts Building (5-Levels - 6,670 SF] located on highly visible corner in the Center of the Ithaca Commons. Built in 1862 with extensive renovations over the recent years. American Crafts by Robbie Dein has occupied the ground floor and lower level for 38+ years. Second Floor commercial space was completely renovated a few years ago for professional office use. Third and fourth floor apartments have also recently undergone complete renovation. Building is fully leased. Financial Information provided upon signing of NDA.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

CBD-60

APN/PARCEL ID

500700-070-000-0002-014-000-0000

ASK ABOUT THIS PROPERTY

David HuckleCushman and Wakefield/Pyramid Brokerage CompanyMore Info
607-227-7558

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David HuckleCushman and Wakefield/Pyramid Brokerage CompanyMore Info
607-227-7558

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.