Listed by Pyramid Brokerage Company, Inc
$2,995,000
226 Cecil Malone Dr
Details
APN 78.-1-1.2
Property Type Industrial
Sub Type Flex, Warehouse
Tenancy Multi
Lease Type NNN
Acreage 3.34 - 6.65
Zoning Mixed use / Light industrial / Mid rise vertical development
Ceiling Height 30'
Dock High Doors 4
Industrial
Marketing description
Idustrial / light man / flex / office investment property with residual land. A single NNN occupies majority of the rentable area. Additional 10000/12000 SF warehouse space available to lease. Centrally located corner location. Financials available with signed NDA.
Investment highlights
- City of Ithaca - Tax ID # - 78.-1-1.2
- Total Size of Building's - 23,115 SF
- Warehouse 14,000+/- SF
- Shop 6,115+/- SF
- Office 3,000+/- SF
- Lot Size - 6.65-acres
- On-Site Parking with partially fenced in laydown areas
- Special Features include:
- 3-Phase Power
- 4 - 12' x 16" Overhead Doors
- Up to 30' Ceilings
- Tax incentives available
- Opportunity to take advantage of Brownfield Tax Credits
- Just off City's NYS Rte. 13 high-growth urban corridor
- Located in Cherry Street Industrial Park - mix of light industrial; business services; office & apartments
- Expansive, fully fenced 6.65-acres
- Favorable zoning to accommodate range of commercial uses: - Mixed use / Light industrial / Mid rise vertical development
- All municipal services available to site
- Former scrapyard brownfield site - phase 1 and phase 2 reports available upon request.
- Adjacent property - 226 Cecil Malone Drive - 3.34-acres - can be purchased to expand redevelopment assemblage to nearly 10-acres
- 226 Cecil Street provides existing NNN lease income, allowing a buyer to acquire both properties as a package, one for current income and one for future redevelopment.
- City of Ithaca — Tax ID # - 78.-1-1.2
- 49,822+/- SF Mixed-Use Commercial Building on 3.34-acres
- Ample on-site parking with partially fenced in laydown areas
- Space Mix -- light industrial; warehouse; flex & office
- Multiple tenants in place providing ready income stream
- Special Features include:
- 3 Phase Power
- Up to 30' clear height
- Multiple 12' x 16' ground level door's
- 2 Multi-Ton Electric Cranes
- Large-scale site offering just off City's NYS Rte. 13 high-growth urban corridor
- Located in Cherry Street Industrial Park — mix of light industrial; business services & office
- Corner location on expansive partially fenced 3.34-acres with multiple access points from 2 streets
- Favorable zoning to accommodate range of commercial uses
- All municipal services available to site
- Adjacent property - 110 Cherry Street - 6.65-acres - can be purchased to expand development assemblage
Listing Contacts
Listed by Pyramid Brokerage Company, Inc
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Zoning
CSD SpecialCherry Street District
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Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics
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