511 Cayuga St N

For Sale

511 Cayuga St N, Ithaca, NY 14850

This Ithaca property for sale is located at 511 Cayuga St N. Contact the listing broker for details on the current sale price for 511 Cayuga St N. 511 Cayuga St N is situated on a lot that is 0.27 acre in size.

Contacts

broker

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

  • 88/100

    Walk Score ®

  • 93/100

    Bike Score ®

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Location

  • City Ithaca, NY
  • Neighborhood Fall Creek
  • Zip Code 14850
  • Market Syracuse

Points of Interest

  • Sunoco

    0.50 miles

  • Mirabito

    0.55 miles

  • Citgo

    0.57 miles

  • Ithaca Fastrac

    0.60 miles

  • Mobil

    0.63 miles

  • Citgo

    0.82 miles

  • Tops Express Gasoline

    1.03 miles

  • Tops Gas Station

    1.03 miles

  • Kwik Fill

    1.32 miles

  • Speedway

    1.80 miles

  • Seneca Street Garage

    0.36 miles

  • Green Street Parking Garage

    0.46 miles

  • Gun Hill Residence Parking

    0.49 miles

  • Cayuga Street Parking Garage

    0.56 miles

  • Willard Straight Lot

    0.66 miles

  • Dryden Rd Garage

    0.68 miles

  • Gannett Lot

    0.68 miles

  • Ithaca High School

    0.75 miles

  • Fall Creek access parking lot

    0.84 miles

  • Hoy Road Garage

    1.00 miles

  • Ithaca Gorge

    0.18 miles

  • The William Henry Miller Inn

    0.32 miles

  • Hilton Garden Inn

    0.35 miles

  • Canopy by Hilton Ithaca Downtown

    0.42 miles

  • Hillside Inn

    0.48 miles

  • Ithaca Marriott Downtown on the Commons

    0.48 miles

  • The Argos Inn

    0.50 miles

  • The Hotel Ithaca

    0.55 miles

  • 140 College Ave.

    0.81 miles

  • Super 8 Ithaca

    0.83 miles

  • ALDI

    0.48 miles

  • Greenstar Food Co+op @ Cascadilla

    0.56 miles

  • Korean Market

    0.65 miles

  • GreenStar Food Co+op @ Collegetown

    0.78 miles

  • Wegmans

    0.89 miles

  • Tops

    1.10 miles

  • Ithaca Shopping Plaza

    1.15 miles

  • Chipotle and others

    1.17 miles

  • TJ Maxx

    1.29 miles

  • Trader Joe's

    1.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Carol Bushberg

Carol Bushberg Real Estate