311 College Avenue Ithaca City, NY ^$ 3,250,000

311 College Avenue

^$ 3,250,000

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311 College Avenue

Ithaca City, NY, 14850

^$ 3,250,000

Bedrooms-- Baths-- Sq 5,928

Monthly Estimate*

^$ 22,447

311 College Avenue, Ithaca City, NY 14850 - Image 1

311 College Avenue, Ithaca City, NY 14850 - Image 2

311 College Avenue, Ithaca City, NY 14850 - Image 3

311 College Avenue, Ithaca City, NY 14850 - Image 4

Commercial Property for sale in Ithaca City, NY for $3,250,000. This 5,928 square foot building was built on a lot size of 0.1.

PREMIER COLLEGETOWN DEVELOPMENT OPPORTUNITY. Rare opportunity to develop apartments in one of the State's most sought-after student housing markets. Former bar / restaurant on property but best and highest use development of apartments. Zoning allows for up 8-stories with no parking requirement. Potential opportunity to combine with adjacent properties. Sales Flyer & Survey Map accompany listing.

Commercial Active

Price

^$ 3,250,000

Property Type

Commercial

Taxes

^$ 26,320

Style

Lot Size

0.1

Town/City

Ithaca City

County/Region

TOMPKINS

MLS | Web ID

R1711641

Features

General

Sewer PublicSewer

Heating Gas Other SeeRemarks

Cooling Other SeeRemarks

Utilities SewerConnected WaterConnected

Possession Closing

Roof Other SeeRemarks

Zoning MU2

School District Ithaca

Stories Count 2

Township Not Applicable

Levels Two

County Tompkins

Property Type CommercialSale

Status Active

City Ithaca City

High School District Ithaca

Zoning Description Commercial

Number Of Units Total 0

MLS Area Ithaca-City-500700

Lot Size Units Acres

Elementary School Other - See Remarks

Year Built Details Existing

Tax Annual Amount 26320.0

Property Condition Resale

Lease Considered Y/N No

Standard Status Active

Middle/Junior School District Ithaca

Elementary School District Ithaca

Tax Assessed Value 1000000

TaxOtherAnnualAssessmentAmount 0.0

Interior

Total Fireplaces 0

Total Stories 2

Heating Y/N Yes

Fireplace Y/N No

Main Level Bathrooms 0

Total Baths 0

Exterior

Lot Features Rectangular RectangularLot

Water Source Public

Total Parking 0.0

Inclusions Land and Building

Lot Size Area 0.1

Number of Buildings 1

Building Area Total 5928.0

Lot Dimensions 33X142

Lot Size Acres 0.1

Waterfront Y/N No

Internal Only

Street Number 1 311

* Excluded Features

List By

Pyramid Brokerage Company - Co

Broker

(607) 227-7558

Phone

Affordability Calculator

$24,640

Per Month

Monthly Principal & Interest: $22,447
Monthly Property Taxes: $2,193
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

About Ithaca, NY

32,079 Population

8% Since 2002

^$37,035 Median Income

23.06 Median Age

12% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5374260 Elementary School

3323858 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2026	$3,250,000		Listed Price

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311 College Avenue, Ithaca City, NY, 14850 is a Commercial Property for sale at $3,250,000 with 5,928 sqft and a lot size of 0.1. The property's zip code is 14850 which is in Ithaca City, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2026 All rights reserved.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Data is updated as of 10/15/2026.

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311 College Avenue

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