For Sale
$995,000

1636 Shore Dr Ithaca, NY 14850

Prime Event Venue, 12 Acres, Turnkey

Overview

Added:
Feb 3
Days on market:
79
This exceptional 6,488 square foot banquet and event center presents a unique investment opportunity in Ithaca, New York. Situated on nearly 12 acres of beautifully landscaped grounds, the property boasts stunning views of Cayuga Lake. The building comfortably accommodates up to 300 guests inside, featuring a large dance floor and a fully equipped, turnkey commercial kitchen. A spacious back deck expands seating capacity, while the extensive grounds provide an idyllic setting for outdoor ceremonies and events. The center currently operates as a successful venue hosting weddings, banquets, and parties, and also offers outside catering services. Its convenient location offers easy access to Cornell University, Ithaca College, numerous hotels, and the vibrant downtown Ithaca business district. Adding to its potential, an additional 10 acres of adjoining land overlooking Cayuga Lake presents significant development opportunities for expansion or future projects. This turnkey operation offers a rare combination of established revenue streams and substantial growth potential in a highly desirable location. The property's size, amenities, and picturesque setting make it an exceptional choice for a discerning investor seeking a profitable and established business in the thriving Ithaca market.

Property Details for 1636 Shore Dr

Property type
Commercial real estate
Square Feet
6,488 SF
Year Built
1969
Lot Size (sq. ft)
514,879 SF

Location Insight

City
Ithaca
County
Tompkins
State
New York
Latitude
42.51061
Longitude
-76.50973

FAQs

What type of property is this?
Commercial real estate - Prime Event Venue, 12 Acres, Turnkey
Where is the commercial real estate located?
The property is located at 1636 Shore Dr Ithaca, NY.
What is the asking price?
The asking price for this property is $995,000.
How can I contact the broker?
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1636 Shore Dr
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