Rare Opportunity for an Owner Operator / Investor to use and own a well maintained mixed-use building in the Ithaca Commons. Brick building is in great condition, completely renovated approximately 11 years ago. Lot consists of two buildings (146 & 148) on one tax lot. Three floors each. Silver coated rubber roof. 146 side is a two level commercial restaurant space with basement. Restaurant has all kitchen equipment & hood in place. Second floor is seating and storage. Third floor is a mechanical room, not in use and does not count towards square footage. 148 side consists of a vacant retail space that is part of the 146 retail (Komonz Grill) lease. Upside to lease / sublease / Owner Operate this space. Second floor is a vacant office space that comes with approved plans to convert to a residential unit. Third floor is a gorgeous studio apartment with a Cornell grad student as tenant. Property has historically shown solid rental figures. Potential upside includes charging the commercial tenants a pro-rata share of taxes, maintenance & insurance. Ability to convert the 2nd floor at 148 to the highest & best use of residential or retail. Ability to convert 3rd floor of 146 to the highest & best use of residential or commercial. CBD-60 Zoning class. Welcome to 146-148 East State Street.Show Description MLS® NumberS1623424
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories3
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas, Forced Air, Wall Furnace
A/C
Heating Fuel
Equipment, Land and Building, Land, Building and Business, Other - See Remarks
