101 W State Street Ithaca-City, NY $ 1,150,000
101 W State Street
$ 1,150,000
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101 W State Street

Ithaca-City, NY, 14850
$ 1,150,000
Baths0.0 Sq 4,500

Monthly Estimate*

$ 7,643

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Studio Commercial Property for sale in Ithaca-City, NY for $1,150,000. This 4,500 square foot building was built in 1945 on a lot size of 0.0344.

Own a piece of Ithaca's history with this building located at 101 W. State Street, home of the Iconic Chanticleer, a family-owned bar for over 75 years. This nostalgic landmark, located in the bustling commons, boasts three floors of potential. The second floor, once a vibrant second bar, is ideal for special/private events. The third floor's open layout offers versatility for an apartment or office space. Positioned at a prime corner lot at the three-way stop at State & Cayuga streets, and next door to the State Theater, this property enjoys high visibility and foot traffic. Don't miss the chance to own a piece of Ithaca's rich tradition and create new memories at this historic address. Be part of Ithaca’s legacy. List Price includes both building and business.

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Commercial Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,393

Style

Commercial

Lot Size

0.0344

Year Built

1945

Town/City

Ithaca-City

County/Region

TOMPKINS

MLS | Web ID

R1517540

Features
General
Sewer PublicSewer
Heating Gas Central
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Flat Other SeeRemarks
Zoning CBD-60 -
Year Built 1945
Stories 3
Township Not Applicable
Property SubType Commercial
Business Type BarTavernLounge
County Tompkins
Net Operating Income -11393.0
Property Type CommercialSale
Possible Use Other
Status Active
Directions The southwestern corner of Cayuga and State Street
City Ithaca-City
High School District Ithaca
Zoning Description Commercial
Total Units 0
MLS Area Ithaca-City-500700
Lot Size Square Feet 1500.0
Waterfront Y/N No
Street Name STATE
Elementary School Belle Sherman
Year Built Details Existing
Tax Annual Amount 11393.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Ithaca
Elementary School District Ithaca
Tax Assessed Value 300000
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Commercial
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Interior
Flooring Linoleum Vinyl
Total Fireplaces 0
Total Stories 3
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Total Parking 1.0
Inclusions Building Only
Lot Size Area 0.0344
Number of Buildings 1
Building Area Total 4500.0
Lot Dimensions 25X60
Lot Size Acres 0.0344
Lot Size Units Acres
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Warren Real Estate Of Ithaca Inc. (Downtown)

Broker

(585) 802-7827

Phone

Affordability Calculator

$8,593
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$949
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
4570519 Elementary School
3323858 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2024$1,150,000 Listed Price

Map


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101 W State Street, Ithaca-City, NY, 14850 is a Commercial Property for sale at $1,150,000 with 4,500 sqft and a lot size of 0.0344. 101 W State Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 14850 which is in Ithaca-City, NY