Two mixed-use buildings on one tax lot in Ithaca Commons. 100% occupied, income-producing asset with strong tenant history in a prime Downtown Ithaca location. Well maintained property comes with entitlements for a second floor office to residential conversion.
3,660 SF Building. 2,000 SF Lot Size (0.046 acres)
CBD-60 Central Zoning class
Business District.
HVAC updated approximately
5 years ago.
Roof replaced approximately
10 years ago.
Completely Separate Utilities.
3 gas meters
3 electric meters
2 water meters
3,660 SF Building. 2,000 SF Lot Size (0.046 acres)
CBD-60 Central Zoning class
Business District.
HVAC updated approximately
5 years ago.
Roof replaced approximately
10 years ago.
Completely Separate Utilities.
3 gas meters
3 electric meters
2 water meters
Property Details
Price:
$1,100,000
MLS #:
S1660843
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Downtown Ithaca
Neighborhood:
ithacacity500700
Listed Date:
Feb 6, 2026
Finished Sq Ft:
4,520
Total Sq Ft:
4,520
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1920
See this Listing
Schools
School District:
Ithaca
Interior
Heating
Gas, Forced Air
Exterior
Building Features
Other, See Remarks
Lot Features
Rectangular, Rectangular Lot
Parking Features
None
Roof
Membrane, Rubber
Stories
3
Financial
Taxes
$21,308
Map
Community
- Address146-148 East State Street Ithaca City NY
- CityIthaca City
- CountyTompkins
- Zip Code14850
Subdivisions in Ithaca City
Market Summary
Current real estate data for Commercial in Ithaca City as of Jul 21, 2026
1
Commercial Listed
165
Avg DOM
243
Avg $ / SqFt
$1,100,000
Avg List Price
Property Summary
- 146-148 East State Street Ithaca City NY is a Commercial for sale in Ithaca City, NY, 14850. It is listed for $1,100,000
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Courtesy of CNY Broker LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 146-148 East State Street
Ithaca City, NY