520 State StIthaca, NY 14850

Property Details for 520 State St

Property size (Sq ft)

1 SF

Property type

Retail properties

Description

This exceptional retail property at 520 W State St, Ithaca, NY 14850, presents a unique investment opportunity. Located in the heart of downtown Ithaca, this multi-tenant building offers 1 square foot of prime commercial space, currently boasting 100% occupancy. The asking price is $950,000, translating to a price per square foot of $950,000. This reflects the significant value and potential for future appreciation inherent in this strategically located asset. The property's prime location within Tompkins County ensures high visibility and accessibility, attracting a steady stream of potential customers. Given the current occupancy rate, this investment offers immediate cash flow and a strong foundation for future growth. The property's strong performance and desirable location make it an ideal acquisition for investors seeking a stable, high-return investment in a thriving downtown area. Further details regarding the specific tenants and lease agreements are available upon request. This is a rare opportunity to acquire a highly sought-after commercial property in a dynamic and growing market. Don't miss out on this chance to secure a piece of Ithaca's vibrant downtown scene.

Location Insight

City

Ithaca

County

Tompkins

State

New York

Latitude

42.4395

Longitude

-76.5073

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