Contacts
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Carol Bushberg
Carol Bushberg Real Estate
Property Details
- Property Type Mixed Use
- Property Size 8,432 SF
- Lot Size 0.27 Acre
- Additional Rent $10,805
- # of Floors 2
- Parking Spaces Avail. 11
- Parking Ratio 1.30 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1963
- Date Updated Aug 28, 2024
Important 8000+ sq. ft. two story commercial building in the heart of Fall Creek. Over 4000 sq.ft. on the main level, which has housed a neighborhood pharmacy since its construction in 1963. Kinneys’ lease expires in July 31, 2025; it has requested to extend an additional 3 years, but nothing is yet signed. Kinneys pays 50% of property taxes, 50% of water & sewer bills & property insurance, & pays for snow removal. Upstairs are 4 one bedroom apts, each legal for 2 unrelated + a shared laundry. Rent includes water & sewer & a/c. Tenants pay gas & elec. B2a zoning permits 4 story construction up to a height of 40 ft & allowable uses (w/required permits) are hotels, retail, & restaurants. 11 parking spaces & loading area on site. <50% of parcel is developed; great potential for redevelopment. Income $10,805/mo includes rent from Kinneys of $6180/month.1 longterm apt tenant pays discounted rent. Carlisle TPO (thermoplasticpolyolefin) membrane roof installed in 2012. Sprinklered hallway to apts connected to Fire Dept.
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Getting around
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Location
- City Ithaca, NY
- Neighborhood Fall Creek
- Zip Code 14850
- Market Syracuse
Points of Interest
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Sunoco
0.50 miles
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Mirabito
0.55 miles
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Citgo
0.57 miles
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Ithaca Fastrac
0.60 miles
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Mobil
0.63 miles
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Citgo
0.82 miles
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Tops Express Gasoline
1.03 miles
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Tops Gas Station
1.03 miles
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Kwik Fill
1.32 miles
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Speedway
1.80 miles
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Seneca Street Garage
0.36 miles
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Green Street Parking Garage
0.46 miles
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Gun Hill Residence Parking
0.49 miles
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Cayuga Street Parking Garage
0.56 miles
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Willard Straight Lot
0.66 miles
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Dryden Rd Garage
0.68 miles
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Gannett Lot
0.68 miles
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Ithaca High School
0.75 miles
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Fall Creek access parking lot
0.84 miles
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Hoy Road Garage
1.00 miles
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Ithaca Gorge
0.18 miles
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The William Henry Miller Inn
0.32 miles
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Hilton Garden Inn
0.35 miles
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Canopy by Hilton Ithaca Downtown
0.42 miles
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Hillside Inn
0.48 miles
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Ithaca Marriott Downtown on the Commons
0.48 miles
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The Argos Inn
0.50 miles
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The Hotel Ithaca
0.55 miles
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140 College Ave.
0.81 miles
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Super 8 Ithaca
0.83 miles
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ALDI
0.48 miles
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Greenstar Food Co+op @ Cascadilla
0.56 miles
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Korean Market
0.65 miles
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GreenStar Food Co+op @ Collegetown
0.78 miles
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Wegmans
0.89 miles
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Tops
1.10 miles
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Ithaca Shopping Plaza
1.15 miles
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Chipotle and others
1.17 miles
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TJ Maxx
1.29 miles
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Trader Joe's
1.33 miles
In-Depth Research Available for this Property
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Contact Listing Broker
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Carol Bushberg
Carol Bushberg Real Estate