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Exceptional opportunity to acquire a fully leased, turn-key $2,000,000

1201-15 N Tioga Street, Ithaca, NY 14850

0 br, 0.0 ba, 1980 10193 sf
Tompkins County
Ad #: 7163073

Commercial For Sale near Cayuga Lake

Exceptional opportunity to acquire a fully leased, turn-key commercial asset in the heart of Ithaca's highly desirable Fall Creek neighborhood! This corner lot property spans four parcels and offers outstanding visibility, flexible zoning, and long-term upside potential. Home to a diverse mix of thriving local businesses, including a restaurant, coffee shop, yoga studio, Pilates studio, Tae Kwon Do studio, boutique retail store, bar, and thrift store. All units are fully rented, providing immediate and stable income. Located just one block from Ithaca Falls, the property benefits from strong foot traffic and a vibrant surrounding community of activity. Ample off-street parking enhances accessibility for both tenants and customers. The property is ideal for investors seeking dependable cash flow, owner-users, or buyers exploring future redevelopment or expansion opportunities under optimal zoning condition. This is a rare opportunity to own a cornerstone commercial property in one of Ithaca's most sought after neighborhoods!

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 10193
  • Year Built: 1980
  • Location: Cayuga Lake
  • Acres: 0.620
  • County: Tompkins County
  • Heat/AC: Heat Pump (Heating), Natural Gas, Forced Air, Electric (Heating)
  • Garage: Offsite, Paved or Surfaced
  • Siding: Frame, Concrete, WoodSiding
  • Roof: Flat, Metal
  • Stories: 1
  • Property Taxes: $53,397
  • MLS #: R1656823

Location

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Contact Information:

Contact Agent
Listing Agent: Andrew Schreck, Warren Real Estate, 585-802-7827, 607-257-0666 Listing Site, Listing Status: Active
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Ithaca, New York
Ad Number : 7163073
Viewed: 5 times
Added: Jan 07, 2026
Updated on: Jan 07, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.