798 Cascadilla Street

Ithaca, NY, 14850

$4,490,000

$245 per ft²
$4,490,000
$245 per ft²
Active
Active
 - For Sale
carpenters-square
18,271 ft²
property_type
Commercial
calendar
Built 1980
Bouck Real Estate is excited to announce the listing of 798 Cascadilla Street which houses FLX Fitness, Coughlin & Gehart, LLP, & BCA Architectural Engineers. This property is fully rented with long term leases and is a great investment in one of the fastest growing cities in New York State. Centrally located right off of the Cayuga Canal, this site includes an 18,000 square foot building with 65 parking spaces along with 3 long standing & established tenants who have invested in their future as tenants in the building with brand new buildouts. All leases include yearly rent escalations, renewal options at the end of the term, CAM reimbursements, and NNN leases. Ithaca is a strong commercial market and proves it by committing $360 million in commercial development just this past year. Their commercial growth parallels the strong local demographics with a 33% increase in population from 2010-2019.
MLS® ID:
S1439487
Listed:
10/16/22
Updated:
KW Realty Hudson Valley North
Upstate Curious Team

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Linoleum, Vinyl
Heating
Gas, Forced Air

Exterior/Building Features

Lot Size
1.36 acres lot
Roof
Membrane, Rubber
Sewer
Public Sewer

School Information

High School
Ithaca
Elementary School
Ithaca

Other Property Details

Area Name
Ithaca-City-500700
Taxes
$88621
Tax Frequency
per YEAR
Garage
No
Parking
On Site
Parking Total
65.0
View
N
County
Tompkins
Utilities
Sewer Connected
Pool
No
Total Stories
1
Zoning
COM 1
Sub Agency Compensation
0
Buyer Agency Compensation
2.5
Transaction Broker Compensation
0
KW Realty Hudson Valley North
Upstate Curious Team
Contact