120 State Street East, Ithaca, NY - Multi-Unit For Sale

Prime large, 3-story mixed-use commercial building (14,053 SF) in iconic City of Ithaca Commons in Downtown Business District. Significant potential upside / redevelopment opportunity. Mixed-use asset combines a very long-time retail presence on ground floor with recently renovated office space on 2nd and two (2) spacious 2-bedroom apartments on 3rd. Plus, ample additional flex space for potential expansion for existing or new uses. Favorable zoning + sizable footprint (0.16-acres) offers potential to vertically re-develop property up to 6 stories. Additional potential to purchase adjacent property to increase development footprint.

Property Details

  • Property Name: Benjamin Peters Building
  • Sale/Lease: Sale
  • Major Use: Multi-Unit
  • Subuse: Mixed-Use
  • Available: 14,053 +/-SF
  • Price: $2,150,000

More Information

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