$450,000

Estimated payment $2,880/month

-- Bed
-- Bath
3,144 Sq Ft
$143 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • DeWitt Middle School Rated A-
  • Rectangular Lot

About This Home

Positioned in the West End commercial corridor, this mixed-use property presents an exceptional opportunity for investors and developers alike. The fully leased building features a long term bar tenant occupying the ground floor and a residential apartment upstairs with both providing immediate cashflow.
With over 15,000 cars passing by daily, the property benefits from outstanding visibility and consistent foot and vehicle traffic—making it a prime location for retail, hospitality, or long-term mixed-use investment.
Ideal for a first-time investor seeking immediate cash flow, the property also offers significant redevelopment potential. Zoned WEDZ-1A (West End District Zone), the property allows for up to five stories of development, creating an excellent opportunity for future mixed-use expansion in one of the area’s most active commercial districts.
Whether you’re looking to expand your portfolio or capitalize on the corridor’s continued growth with a future development, this property offers the rare combination of immediate income today and long-term upside tomorrow.

Listing Agent

Kelly Skeval

Howard Hanna S Tier Inc Brokerage Phone: 607-382-1343 License #10401286257 Listed on: 03/18/2026

Howard Hanna S Tier Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 33x100
  • Rectangular Lot

Home Design

  • Metal Roof

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property

Parking

  • On-Site Parking
  • Surface Parking

Schools

  • Beverly J Martin Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $40,200

Listing and Financial Details

  • Assessor Parcel Number 500700-059-000-0007-025-000-0000

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,456

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Commercial Sale
  • Business Type: Bar/Tavern/Lounge
  • Lot Size: 33X100
  • Inclusions: Land and Building
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Year Built: 1975
  • Property Sub Type Additional: Apartment,Mixed Use,Commercial
  • Attribution Contact: 607-382-1343
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Number Of Buildings: 1
  • Fireplace: No
  • Living Area: 3144.0
  • Stories: 2

Exterior Features

  • Lot Features: Rectangular, Rectangular Lot
  • Waterfront: No
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: On Site, Surfaced

Utilities

  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Schools

  • Elementary School: Beverly J Martin Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Parcel #: 500700-059-000-0007-025-000-0000
  • Zoning Description: Commercial
  • Zoning: WEDZ-1a

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40200.0

Tax Info

  • Tax Annual Amount: 6456.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2026 03/18/26 For Sale $450,000 -- $143 / Sq Ft
Source: Ithaca Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $90,000 Eric Gartenman
Deed $150,000 Thomas W Jr Cusimano
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Commercial
Source: Public Records

Source: Ithaca Board of REALTORS®

MLS Number: R1667323

APN: 500700-059-000-0007-025-000-0000

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