531 ESTY Street
Active High-Tech Industrial Chic. 3-Story Brick Office Building. 15,600 SF .34 acres. 18-space Parking Lot. High Visibility in WEDZ-1a & Opportunity Zone. Strong modified NNN lease to a single tenant in place until 11/2024. Prime Investment property ideal for residential conversion. Views of Cornell and Cayuga Inlet. Was the T.G. Miller Paper Warehouse, 1910-1999. Now state-of-the-art after a gut renovation in 2000 — retaining the original high ceilings, exposed brick walls, posts & beams — 3-story glass atrium, elevator, over 30 offices, flex workspaces, 3 conference rooms, kitchen, 6 bathrooms, new windows, sprinkler system, HVAC, plumbing, electric, lighting, insulation, roof. Separate utilities and non-load bearing walls. Potential: 1) Apartments on all three floors 2) Live/Work: Apartments and offices 3) Boutique hotel 4) additional 4-story building ABOVE the parking lot. Easy access to Route 13. Close to Ithaca Bakery, Greenstar, Cayuga Inlet, City Harbor. SEE VIRTUAL TOUR!
View full listing details| Price: | $2,670,000 |
|---|---|
| Address: | 531 ESTY Street |
| City: | Ithaca |
| State: | New York |
| Zip Code: | 14850 |
| MLS: | 406864 |
| Year Built: | 1900 |
| Square Feet: | 15,600 |
| Acres: | 0.340 |
| Lot Square Feet: | 0.340 acres |
| basement: | Crawl Space, Sump Pump |
|---|---|
| buildingfeatures: | Elevator(s), Loading Dock, Public Restrooms |
| businesstype: | Professional/Office |
| constructionmaterials: | Brick, Wood Frame |
| cooling: | Electric, Heat Pump, Separate Meters, Central Air, Ceiling Fan(s) |
| coolingyn: | yes |
| elementaryschooldistrict: | Ithaca |
| flooring: | Carpet, Laminate, Vinyl |
| foundationdetails: | Block |
| heating: | Electric, Heat Pump, Natural Gas, Separate Meters, Baseboard, Forced Air, Gas, Hot Water |
| heatingyn: | yes |
| highschooldistrict: | Ithaca |
| listagentfirstname: | Laurel |
| listagentkey: | 12538929 |
| listagentkeynumeric: | 12538929 |
| listagentlastname: | Guy |
| listagentstatelicense: | 10301206509 |
| listingterms: | Conventional |
| listofficekey: | 2840554 |
| middleorjuniorschooldistrict: | Ithaca |
| numberofunitstotal: | 1 |
| parkingfeatures: | Parking Space(s) |
| possession: | Closing |
| propertycondition: | Resale |
| roof: | Membrane |
| sewer: | Connected, Public Sewer |
| standardstatus: | Active |
| taxassessedvalue: | 1700000 |
| totalactualrent: | 291096 |
| watersource: | Public |
