1636 E Shore Dr - Specialty FOR SALE


Ithaca, NY 14850
$695,000 USD
607-227-7558
1636 E Shore Dr, Ithaca, NY for Sale
$695,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

1636 E Shore Dr
Ithaca, NY 14850


HIGHLIGHTS

  • Property is conveniently located minutes to Cornell University, Ithaca College, many area Hotels and the Downtown Ithaca Business District.
  • • Excess acres [10] on property allow for development options.
  • Turnkey commercial kitchen. Large Dance Floor. Back Deck adds outdoor seating capacity plus well landscaped grounds are ideal for wedding ceremonies
  • Most recently property hosted weddings, banquets and parties plus offered outside catering
  • Main Building is situated on nearly 12-acres with seasonal views of Cayuga Lake
  • Banquet & Event Center - 6,488 SF building with inside seating for up to 300 - located just outside Ithaca.

OVERVIEW

This offering features a banquet and event center located just outside Ithaca, positioned on nearly 12 acres with scenic views of Cayuga Lake. The main facility comprises approximately 6,488 square feet and offers full-service event capabilities, including a turnkey commercial kitchen, large dance floor, and a deck that expands capacity for outdoor seating. The landscaped grounds create an inviting setting for weddings, banquets, and a variety of social or corporate functions. Previously operated as an active event venue, the property supports inside seating for up to 300 guests and provides flexibility for a wide range of uses. Ample on-site parking, well-maintained interiors, and catering options further reinforce its operational appeal. Approximately 10 excess acres offer potential for additional development or future expansion. Strategically located minutes from downtown Ithaca, Cornell University, and Ithaca College, the property enjoys strong connectivity to local accommodations, retail, and the regional business district. The surrounding area is recognized as one of New York State’s most stable markets, anchored by a robust educational sector and complemented by established healthcare and tourism industries. This location offers unmatched opportunities for operators and investors seeking to position within a thriving community and a highly desirable Finger Lakes destination.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

-

APN/PARCEL ID

503201-042-001-0001-028-002-0000

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.