$1,375,000
About this home
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.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $9,674
- Utilities
- $2,074
- Transportation
- $0
- Other (entertainment)
- $138
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot
Neighborhood — 14850
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 59,213 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | 6.00% | 8.00% | 20.00% |
| Population Density | 470 | 395 | — |
| Male | 29,691 | 9,381,926 | 147,432,321 |
| Female | 29,522 | 9,969,168 | 151,655,844 |
| Never Married | 28,293 | 4,946,391 | 63,775,926 |
| Married | 15,004 | 7,166,701 | 123,120,365 |
| Separated | 4,701 | 1,159,673 | 12,639,686 |
| Widowed | 2,113 | 1,110,245 | 15,467,586 |
| Divorced | 3,016 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 20,257 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.32 | 2.64 | 2.60 |
| Medial Age | 27.63 | 36.53 | 35.46 |
| Median House Hold Income | $36,430 | $49,847 | $48,276 |
| Average House Hold Income | $55,345 | $70,032 | $63,629 |
| P C I | $20,447 | $26,569 | $24,529 |
| M D I | $32,060 | $42,210 | $41,133 |
| A T H E | $46,512 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 80.69% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 7/18/2025. Provided courtesy of CNY Broker LLC via Buffalo MLS. Information deemed reliable but not guaranteed.