110 Cherry St

Rare Ithaca City Redevelopment Opportunity offering buyer opportunity to combine 110 Cherry Street with adjacent property at 226 Cecial Malone Drive which provides existing NNN lease income. This allows buyer to acquire both properties as a package, one for current income and other for future redevelopment 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 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