101 State StIthaca, NY 14850

Own a piece of Ithaca history with this exceptional mixed-use property located at 101 W. State Street. This iconic establishment, operating as a family-owned bar for over 75 years, presents a unique investment opportunity. The 4,500 square foot building boasts three floors of versatile space. The main floor houses the established bar, while the second floor, previously a vibrant bar area, is perfect for private events or expansion. The third floor offers an open layout, adaptable for residential or office use. This prime corner lot at the intersection of State and Cayuga Streets, adjacent to the State Theater, ensures high visibility and significant foot traffic. The asking price of $1,100,000 includes both the business and the building, representing a compelling price per square foot of $244.44. This Class C property is offered as an owner/user investment and presents a rare chance to acquire a well-established business in a thriving downtown Ithaca location. The property is a sole ownership and the sale includes the business and building. Don't miss this opportunity to become part of Ithaca's legacy. This is a turnkey operation in a high-traffic area with significant potential for growth and future development.