356 Elmira Road Ithaca, NY $ 7,300,000
356 Elmira Road
$ 7,300,000
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356 Elmira Road

Ithaca, NY, 14850
$ 7,300,000
Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

$ 44,947

356 Elmira Road, Ithaca, NY 14850 - Image 1
Commercial Property for sale in Ithaca, NY for $7,300,000. This building is 20,000 square feet.

Take advantage of the opportunity to own the Quality Inn Motel, located at 356 Elmira Road in Ithaca, New York. This property features 80 guest rooms and is ideally situated near Cornell University, Elmira College, and the scenic Finger Lakes, including Seneca Lake. A Property Improvement Plan (PIP) has been completed, and the franchise agreement can either be renewed or converted, providing flexibility for investors.

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Commercial Active

Price

$ 7,300,000

Property Type

Commercial

Taxes

$ 65,000

Style

Hotel/Motel

Town/City

Ithaca

County/Region

OUT OF AREA

MLS | Web ID

975466

Features
General
Sewer Public Sewer
Heating Electric Hot Water Natural Gas
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Trash Collection Private Water Connected
Construction Materials Brick
Property Subtype Hotel/Motel
Tax Year 2025
Business Type Hotel/Motel
County Out of Area
Property Type Commercial Sale
City Ithaca
Property Attached Y/N Y
Tax Annual Amount 65000
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Partial
Basement Features Partial
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 20000
Waterfront Y/N N
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Internal Only
Street Number 1 356
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* Excluded Features
List By
Ipe K. Kurian

Listing Agent

Cross Island Realty One Inc

Broker

718-831-0100

Contact

Affordability Calculator

$50,364
Per Month
89%
11%
0%
Monthly Principal & Interest
$44,947
Monthly Property Taxes
$5,417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2026$7,300,000 Listed Price

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356 Elmira Road, Ithaca, NY, 14850 is a Commercial Property for sale at $7,300,000 with 20,000 sqft. The property's zip code is 14850 which is in Ithaca, NY