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401-403 College Avenue Ithaca City, NY $ 8,000,000
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$ 8,000,000 Get more info
401-403 College Avenue
$ 8,000,000
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401-403 College Avenue

Ithaca City, NY, 14850
$ 8,000,000
Bedrooms-- Baths-- Sq 18,750

Monthly Estimate*

$ 49,910

401-403 College Avenue, Ithaca City, NY 14850 - Image 1
401-403 College Avenue, Ithaca City, NY 14850 - Image 2
401-403 College Avenue, Ithaca City, NY 14850 - Image 3
401-403 College Avenue, Ithaca City, NY 14850 - Image 4
Commercial Property for sale in Ithaca City, NY for $8,000,000. This 18,750 square foot building was built in 1985 on a lot size of 0.096.

Once in a lifetime opportunity! Right in the heart of Cornell's vibrant college town, these buildings are surrounded by a diverse selection of international restaurants, cafes, and shops. Enjoy unmatched walkability, convenient access to campus, and a lively neighborhood atmosphere. Excellent location for off campus students housing totaling 6 units and 33 beds, with solid rental history. These premier storefronts feature unmatched visibility and foot traffic, making it perfectly positioned to capitalize on the growing commercial opportunities in the area.

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Commercial Active

Price

$ 8,000,000

Property Type

Commercial

Taxes

$ 107,909

Style

MixedUse

Lot Size

0.096

Year Built

1985

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1649657
Features
General
Sewer PublicSewer
Heating Gas Baseboard Steam
Utilities SewerConnected
Possession Closing
Roof Membrane Rubber
Zoning MU-2
Construction Materials Brick
School District Ithaca
Year Built 1985
Stories Count 5
Township Not Applicable
Property Subtype MixedUse
Additional Parcels Description 500700-064-000-0002-029-000-0000
County Tompkins
Property Type CommercialSale
Possible Use Restaurant Retail
Total Rooms 33
Status Active
High School Ithaca Senior High
City Ithaca City
High School District Ithaca
Zoning Description Commercial
Number Of Units Total 6
MLS Area Ithaca-City-500700
Lot Size Units Acres
Lot Size Square Feet 42000.0
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 107909.0
Middle/Junior High School Dewitt Middle
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 3370000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional MixedUse Commercial
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Exterior
Parking Features None
Lot Features Rectangular RectangularLot
Total Parking 0.0
Inclusions Building Only
Lot Size Area 0.096
Number of Buildings 2
Building Area Total 18750.0
Lot Dimensions 60X70
Lot Size Acres 0.096
Waterfront Y/N No
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Interior
Total Fireplaces 0
Total Stories 5
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Internal Only
Street Number 1 401
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* Excluded Features
List By
Howard Hanna S Tier Inc

Broker

(917) 887-5458

Phone

Affordability Calculator

$58,902
Per Month
85%
15%
0%
Monthly Principal & Interest
$49,910
Monthly Property Taxes
$8,992
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5133762 Elementary School
5133729 Middle School
Ithaca Senior High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/12/2025$8,000,000 Listed Price

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401-403 College Avenue, Ithaca City, NY, 14850 is a Commercial Property for sale at $8,000,000 with 18,750 sqft and a lot size of 0.096. 401-403 College Avenue was built in 1985. The property's zip code is 14850 which is in Ithaca City, NY

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