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Commons West Building 111 E State St
175 - 2,100 SF of Retail Space Available in Ithaca, NY 14850
Highlights
- Adjacent to the new Conference Center that opens January 1, 2024.
- On the Ithaca Commons shopping mall which is a pedestrian shopping section that provides shopping, dining, and lodging.
- The location offers a close proximity to nearby restaurants like Moosewood, and Simeon's American Bistro.
- Walking distance to many parks such as Dewitt, Washington, Six Mile Creek, Wells Falls, and Mulholland Wildflower Preserve.
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 S. Cayuga St | 425 SF | 12’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste 103 E State | 1,500 SF | 18’ | 3-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor, Ste 107B | 175 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Full Service |
1st Floor, Ste 101 S. Cayuga St
Efficient retail space on high traffic street, just off the Ithaca Commons
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Finished Ceilings: 12’
1st Floor, Ste 103 E State
L shaped retail space on the Ithaca Commons. Perfect for clothing, shoe store or other dry goods.
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Finished Ceilings: 18’
1st Floor, Ste 107B
Small retail space on the Ithaca Commons. Perfect for small shop such as tailor or bike repair. High traffic area on pedestrian mall. New conference center and significant number of new apartments being finished for occupancy in 2024 1/2 block away.
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- Central Heating System
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 111 E State St , Ithaca, NY 14850
| Property Type | Retail | Gross Leasable Area | 53,000 SF |
| Property Subtype | Storefront Retail/Residential | Year Built/Renovated | 1925/1985 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 53,000 SF |
| Year Built/Renovated | 1925/1985 |
About the Property
Commons West Building, located at 101-107 E. State Street, is a five-story retail building in downtown Ithaca, New York. The 53,000 square foot property was initially constructed in 1925. The property was renovated in 1985 and features a classic exposed brick exterior. The neighborhood has a lot to offer with over 100 waterfalls, countless parks, and wildlife preserves, there is endless outdoor recreational fun. Enjoy the summer concerts, art museums and galleries, farm-to-table restaurants, unique shops, breweries, wineries, and hiking trails. Grab some fresh produce and handcrafted items at the local Ithaca Famers Market. Hike to the falls at Ithaca Falls, a hidden gem situated towards the heart of downtown.
Nearby Major Retailers
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Nathan Lyman -
Fane Trust - Country Garden Apartments
Presented by
Commons West Building | 111 E State St
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