UNDER CONTRACT
$50K PRICE DROP
612 W State St Ithaca, NY 14850
Downtown Ithaca NeighborhoodEstimated payment $1,158/month
Total Views
59,749
5
Beds
1.5
Baths
2,498
Sq Ft
$80
Price per Sq Ft
Highlights
- Property is near public transit
- Wood Flooring
- Home Office
- DeWitt Middle School Rated A-
- Victorian Architecture
- 5-minute walk to Washington Park
About This Home
Prime commercial opportunity just off Route 13, Ithaca’s primary commercial corridor! Formerly home to the Ithaca Breast Cancer Alliance, this Victorian property offers incredible potential for the right buyer seeking character, visibility, and flexible commercial use.
Originally a 5-bedroom, 1.5-bath residence, the property was thoughtfully renovated and converted into professional office space, blending historic charm with functional updates. Beautiful original details remain, including rich woodwork, oak floors, stained glass, and French doors.
Located in the WEDZ with flexible zoning and multiple permitted uses, the possibilities are extensive—professional office, daycare, restaurant, wellness center, boutique business, and more.
The spacious layout includes a full basement, multiple rooms on the first floor, a full kitchen, 1 full and 1 half bath, five additional rooms upstairs, and a full walk-up attic. Outside, the professionally designed grounds feature raised beds, stone paths, patio space, pergola, and a converted garage offering additional workspace. Additional highlights include central air and an elevator.
While the property benefits from substantial prior renovations and excellent infrastructure, it has experienced deferred maintenance and will require repairs, updates, and TLC. Offered strictly as-is, this is an outstanding value-add opportunity for investors, business owners, or entrepreneurs ready to restore this unique property to its full potential.
Exceptional location, high visibility, and endless possibilities—bring your vision. Buyer to verify zoning, intended use, and any applicable municipal requirements. Currently zoned commercial - residential use would require a change of use permit, please call the city for details. Located in the AE floor zone, a 100-year floodplain.
Listing Agent
Warren Real Estate of Ithaca Inc. Brokerage Phone: 607-280-3339 License #30SE0908346 Listed on: 06/25/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1880
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35x123
- Property is Fully Fenced
- Rectangular Lot
Home Design
- Victorian Architecture
- Stone Foundation
- Siding
- Copper Plumbing
Interior Spaces
- 2,498 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Thermal Windows
- Leaded Glass Windows
- Entrance Foyer
- Family Room
- Home Office
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- No Garage
- No Driveway
Schools
- Beverly J Martin Elementary School
- Dewitt Middle School
- Ithaca Senior High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 500700-072-000-0002-015-000-0000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $402 | $350,000 | $35,000 | $315,000 |
| 2024 | $152 | $350,000 | $35,000 | $315,000 |
| 2023 | $148 | $220,000 | $35,000 | $185,000 |
| 2022 | $346 | $220,000 | $35,000 | $185,000 |
| 2021 | $346 | $220,000 | $35,000 | $185,000 |
| 2020 | $111 | $220,000 | $35,000 | $185,000 |
| 2019 | $102 | $220,000 | $35,000 | $185,000 |
| 2018 | $107 | $200,000 | $35,000 | $165,000 |
| 2017 | $102 | $200,000 | $35,000 | $165,000 |
| 2016 | $102 | $200,000 | $35,000 | $165,000 |
| 2015 | -- | $200,000 | $35,000 | $165,000 |
| 2014 | -- | $200,000 | $35,000 | $165,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | Price Changed | $199,000 | -20.1% | $80 / Sq Ft |
| 06/25/2026 06/25/26 | For Sale | $249,000 | -- | $100 / Sq Ft |
Source: Ithaca Board of REALTORS®
About the Listing Agent
Kate Seaman, proud native of Ithaca, New York, and enthusiast of Cayuga Lake, Ithaca Schools, and the captivating Finger Lakes region. While her journey took her away for college and into a thriving career in retail management, the magnetic pull of her beloved hometown drew her back, sparking her venture into real estate.
With a career spanning since 2000, Kate stands among the top one percent of Realtors at Warren Real Estate and the entire Ithaca Board of Realtors. Her commitment to
Kathleen's Other Listings
Source: Ithaca Board of REALTORS®
MLS Number: R1689318
APN: 500700-072-000-0002-015-000-0000
Nearby Homes
- 209 N Meadow St
- 632 W Seneca St
- 522 W Seneca St
- 512 W Seneca St
- 206 Taughannock Blvd Unit 201
- 525 W Green St
- 801 W Buffalo St Unit E
- 113 Park Place
- 409 W Buffalo St
- 502 W Court St
- 220 Washington St
- 506 W Clinton St Unit 8
- 509 W Clinton St
- 316 W Seneca St
- 309 S Plain St
- 311 S Plain St
- 7 Jake St
- 74 Mary St
- 121 Elm St
- 137 Fayette St
- 209 S Meadow St Unit A
- 209 S Meadow St Unit B
- 430 W State St
- 323 Taughannock Blvd
- 322 N Plain St
- 324 Center St
- 108 5th St Unit 1/2
- 407 Cascadilla St
- 210 N Geneva St Unit 3
- 205 W Buffalo St Unit 1
- 319 S Albany St Unit 1
- 510 N Albany St Unit 1
- 329 N Geneva St Unit 1
- 108 2nd St Unit 4
- 105 W Court St
- 201 Cayuga Park Ln
- 201 & 301 Cayuga Park Ln Unit 2BR
- 201 & 301 Cayuga Park Ln Unit 1BR
- 130 E M L K Jr St Unit Apartment 404
- 131 E Green St
Your Personal Tour Guide
Ask me questions while you tour the home.