202 E Falls Street

Ithaca, NY 14850

Rare opportunity to own or lease a beautifully established restaurant property in the heart of Ithaca?s sought-after Fall Creek neighborhood. Positioned in one of the city?s most vibrant and walkable districts, this exceptional location benefits from strong local traffic, a loyal neighborhood customer base, and close proximity to downtown Ithaca, Cornell University, Ithaca Falls, and surrounding residential communities. This inviting restaurant space is filled with character and natural light, featuring expansive windows throughout that create a bright, warm, and welcoming dining atmosphere for guests year-round. The thoughtfully designed layout accommodates both casual dining and upscale service concepts, making it suitable for a wide variety of culinary and hospitality uses. The property includes a fully equipped commercial kitchen with ample prep and cooking space, along with a full-service bar area ideal for cocktails, wine service, craft beverages, or an expanded hospitality program. Whether continuing an existing restaurant operation or launching a new concept, the infrastructure is already in place for a smooth transition. One of the property?s standout features is the abundance of outdoor seating options. Guests can enjoy charming front patio seating that enhances street presence and visibility, as well as a spacious rear outdoor dining area perfect for private gatherings, seasonal events, live music, or relaxed al fresco dining. These outdoor spaces significantly expand seating capacity and contribute to the lively neighborhood atmosphere Fall Creek is known for. Additional features include valuable off-street parking ? a rare convenience in Ithaca ? providing easy access for customers, staff, deliveries, and catering operations. The highly visible location offers excellent signage opportunities and benefits from steady pedestrian and vehicle traffic throughout the day and evening.

Listing courtesy of Andrew Schreck of Warren Real Estate of Ithaca Inc. (Downtown) (585) 802-7827

Listing information is provided by Participants of the Ithaca Board of REALTORS®. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Ithaca Board of REALTORS®
Last checked 2026-06-04 12:04 PM UTC