September 1, 2014

Rulloff’s Restaurant and Bar Listed for Sale

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Rulloff’s Restaurant and Bar — a space that has served Cornell students and Ithaca residents since 1977 — is now listed for sale as of Monday evening.

The 3,000 square-foot space has since been advertised on the website of the Pyramid Brokerage Company.

The property’s asking price is $395,000 — which includes a furnished kitchen, dining and bar areas as well as a full liquor license — according to the online listing. The bar is advertised as having “consistently strong annual sales.”

The bar’s current owner did not renew the lease for the building, which sits at 411 College Ave., by its Aug. 31 deadline, according to The Ithaca Voice. Several students and alumni expressed concerns after the publication released an article Monday saying the Collegetown bar “is closing up shop.”

The owners of Rulloff’s could not be reached for comment as of Monday evening regarding the future of the restaurant.

Students Agencies, Inc., a student-run corporation that owns and manages properties from 409 to 415 College Ave., declined to comment as of Monday evening.