The Shops at Ithaca Mall

For Lease 167,588 SF

40 Catherwood Rd, Ithaca, NY 14850

The Shops at Ithaca Mall is the premier regional retail destination in the Finger Lakes. Located at the junction of NYS Route 13 and North Triphammer Road, it serves Tompkins and Cortland Counties and the broader Finger Lakes and Southern Tier region. Originally developed by The Pyramid Companies in 1976 as one of their three founding pioneer malls, this property is the only one of those original three still operating as an enclosed mall today. The other two were demolished. Nearly 50 years later, this building is still standing, still structurally sound, still architecturally distinct, and ready for its next chapter. With 622,822 SF of total GLA, a 74% occupancy rate, and a trade area anchored by over 31,000 Cornell University and Ithaca College students plus a strong year-round regional consumer base, this property offers a rare combination of scale, stability, and genuine upside. Current anchors include Target, Best Buy, Regal Cinemas, Michaels, and two Cayuga Health centers. This is not a property in decline. It is a structurally sound, architecturally distinct regional center with beautiful tile corridors, soaring ceilings, dramatic skylights, and quality bones that most new construction can't replicate at any price. A handful of large vacant spaces in an otherwise active center, in a market where demand for quality retail, restaurant, and entertainment space clearly outpaces the supply currently available locally.

Key features

  • Anchored by Target, Best Buy, Regal Cinemas, Michaels, and Cayuga Health
  • Annual Average Daily Traffic: 32,367 to 44,579 vehicles at the main entrance
  • Distinctive original architecture and quality infrastructure throughout
  • Free parking with high capacity
  • Ideal uses: national and regional retailers, restaurant and food concepts, family entertainment, medical and wellness, specialty retail, and experiential uses
  • Located at the signalized intersection of NYS Route 13 and North Triphammer Road
  • Recent organic social media interest in the listing reflects strong local demand
  • TCAT Route 30 bus service every 30 minutes from 6am to 10:30pm, direct from Cornell and downtown Ithaca
  • The only enclosed regional mall in Tompkins County
  • Year-round enclosed mall, not seasonal

Rental Details

  • Number of spaces 31
  • Total square feet available 167,588 SF
  • For Lease Price on request
  • Space Type Regional Mall
  • Latest Update Aug 4, 2026
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31 Spaces Available

01A

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
18,798 SF

A03

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
2,626 SF

A07

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,500 SF

B06

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
4,518 SF

B07

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
3,500 SF

C02

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
5,988 SF

C03

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
903 SF

C06

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,058 SF

C08

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
519 SF

C11

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
530 SF

C12

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
600 SF

C15

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
670 SF

C16

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
692 SF

C18

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,667 SF

D02

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,658 SF

D03

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,319 SF

D06

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
18,245 SF

D07B

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
2,382 SF

D09

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,500 SF

E03

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,000 SF

E07

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
2,559 SF

E11

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
9,782 SF

F04

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,139 SF

F08

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,167 SF

F19

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
3,536 SF

F21

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
3,869 SF

F22

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
1,682 SF

G01

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
22,223 SF

H01

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
29,926 SF

H02

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
11,058 SF

H05

Space Type
Regional Mall
Lease Rate
Price on request
Total Space
10,974 SF

Contacts

Ashley McClary

Hanna Commercial Real Estate

Building Details

  • For Lease Price on request
  • Property Type Retail - Street Retail
  • Property Size 622,822 SF
  • Units 123
  • Lot Size 20.53 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1990
  • Date Updated Aug 4, 2026

Location

  • City Ithaca, NY
  • Neighborhood Lansing
  • Zip Code 14850
  • Walk score 42/100 Car-Dependent
  • Bike score 51/100 Bikeable
Powered by Walk Score ®

Points of Interest

BJ’s Gas

0.23 miles

Fastrac

3.09 miles

Citgo

3.16 miles

Mobil

3.17 miles

Mirabito

3.53 miles

Sunoco

3.81 miles

Kwik Fill

3.95 miles

Byrne Dairy & Deli

4.11 miles

ChargePoint

6.82 miles

A lot

1.89 miles

Ithaca High School

1.93 miles

Fall Creek access parking lot

1.94 miles

Clara Dickson Hall Loading Dock

2.07 miles

Program House Dr. Parking

2.10 miles

Mews Hall Loading Dock

2.12 miles

Gun Hill Residence Parking

2.22 miles

626 Thurston Parking

2.25 miles

U

2.26 miles

J

2.35 miles

The Shops at Ithaca Mall

0.02 miles

Target

0.12 miles

Tops

0.25 miles

ALDI

0.42 miles

Big Lots

0.55 miles

Triphammer Mall

0.59 miles

Anabel's Grocery

2.69 miles

Greenstar Food Co+op @ Cascadilla

2.80 miles

Green Castle Asian Market

2.92 miles

GreenStar Food Co+op

2.96 miles

Listing Summary

  • The Price for Retail Space at 40 Catherwood Rd

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.

    Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 40 Catherwood Rd

    The property exclusively contains Regional Mall space totaling 167,588 square feet.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. 40 Catherwood Rd offers 6 retail space(s) sized 1,000 square feet or less. Retail space of this size can be a more affordable option for small businesses or for those that don’t have very quick growth expectations. You will find 19 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 40 Catherwood Rd, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 6 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

Contact Ashley McClary
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