Ithaca, NY 14850,309 College AVE
Ithaca, NY 14850,309 College AVE
Ithaca, NY 14850,309 College AVE
Ithaca, NY 14850,309 College AVE
Ithaca, NY 14850,309 College AVE
Ithaca, NY 14850,309 College AVE
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$5,525,000

Est.Price: ?

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Est. payment /mo

9,676 SqFt


SOLD DATE : 07/22/2025

Key Details

Sold Price $5,525,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,676 sqft

Price per Sqft $571

MLS Listing ID R1572069

Sold Date 07/22/25

Construction Status Existing

HOA Y/N No

Year Built 1968

Lot Size 8,590 Sqft

Acres 0.1972

Lot Dimensions 60X142

Property Description

Once in a lifetime opportunity in the heart of Cornell University's College town in Ithaca, NY. This prime development site is located within the MU-2 zone which allows for building height of 6 stories with 100% lot coverage and no parking requirements- potential to develop over 47,000SF on this site! Hotel, Student housing/apartments, condo and mixed use are all allowed along with numerous other options. Ithaca New York is an Ivy League college town that boast two major universities with over 30,000 students and has a population of over 100,000. Ithaca is also home to bio-tech manufacturing, regional hospital as well as several local community colleges. Located 4 hours from NYC, 3 hours from Albany, 2.5 hours from Buffalo and 1 hour from Syracuse. Property is being offered through a sealed bid process, all bids are due by 04/10/25. Contact listing agent for details and documents for sealed bid process.

Location

State NY

County Tompkins

Area Ithaca-City-500700

Zoning MU-2

Direction College Ave between Dryden Rd and Cook St. East side of the road.

Interior

Heating Gas, Forced Air

Fireplace No

Exterior

Utilities Available Sewer Connected

Roof Type Membrane,Rubber

Total Parking Spaces 5

Building

Story 4

Sewer Public Sewer

Structure Type Brick,Masonry,Concrete

Construction Status Existing

Schools

Elementary Schools Belle Sherman

School District Ithaca

Others

Tax ID 500700-064-000-0010-017-002-0000

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Listed by Howard Hanna S Tier Inc 607-342-2148
Bought with Howard Hanna S Tier Inc
Matthew Smith

+1(607) 203-0683

matt@warrenhomes.com

830 Hanshaw Rd., Ithaca, NY, 14850, United States

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