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180 Main Street

Cortland, NY 13045
  • $399,500
  • STATUS: Active
  • ON SITE: 271 Days
  • MLS #: S1474909
UPDATED: 8 min ago
$399,500
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,599
    SQFT
  • $53
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Prime commercial property located at the intersection of Main and Union Streets in the Cortland City central business district. It offers four fully rented commercial locations and two rented 2-bedroom apartments. Commercial spaces and monthly rents are: 3,500 s/f convenience store ($1,350), 800 s/f corner location shop ($750), 800 s/f Union Street side location hair salon with full kitchen, full bathroom, and laundry room ($525), and 800 s/f heated warehouse space with 9' x 10' overhead door ($300). Apartments rent for $650 / month each. Gross monthly rental income is $4,225 / month. Major annual expenses include $6,832 for property taxes, $1,200 for water and sewer, and $1,800 for insurance. Each location pays for its own gas and electricity. Fully renovated 11 years ago: New roof, vinyl siding, 600-amp electric service, and hot water heaters. The convenience store offers a 10-door, walk-in, display cooler and a new heating system with central air conditioning. Plenty of paved onsite parking in front of the building. High ceiling basement with easy access to all mechanicals.

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RPP Team | High Falls Sotheby's International Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-28T10:14:02.657.
www.highfallssir.com/homes/140080156
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180 Main Street Cortland, NY 13045

  • Price: $399,500
  • Status: Active
  • On Site: 271 Days
  • Updated: 8 min ago
  • MLS #: S1474909
0
Beds
0
Baths
0
½ Baths
0.22
Acres
7,599
SQFT
$53
$/SQFT
1930
Built
Neighborhood:
Cortland-110200
County:
Cortland
Area:
Cortland-110200
School District:
Cortland
Property Description
Prime commercial property located at the intersection of Main and Union Streets in the Cortland City central business district. It offers four fully rented commercial locations and two rented 2-bedroom apartments. Commercial spaces and monthly rents are: 3,500 s/f convenience store ($1,350), 800 s/f corner location shop ($750), 800 s/f Union Street side location hair salon with full kitchen, full bathroom, and laundry room ($525), and 800 s/f heated warehouse space with 9' x 10' overhead door ($300). Apartments rent for $650 / month each. Gross monthly rental income is $4,225 / month. Major annual expenses include $6,832 for property taxes, $1,200 for water and sewer, and $1,800 for insurance. Each location pays for its own gas and electricity. Fully renovated 11 years ago: New roof, vinyl siding, 600-amp electric service, and hot water heaters. The convenience store offers a 10-door, walk-in, display cooler and a new heating system with central air conditioning. Plenty of paved onsite parking in front of the building. High ceiling basement with easy access to all mechanicals.
Exterior Features

Lot Features Rectangular Parking Features Common On Site Parking Lot Parking Total 12 Roof Pitched Shingle Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Gas Heating YN Yes Levels Two Living Area 7599

Property Features

Accessibility Features Accessible Approachwith Ramp Business Type Grocery Documents Available Aerial Topographical Survey Inclusions Building Only Lease Considered YN No Listing Terms Cash Conventional Possession Close Of Escrow Possible Use Residential Warehouse Property Condition Resale Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 6832 Utilities Sewer Connected Water Connected Water Source Public Year Built Details Existing Zoning CB Zoning Description Business

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Philip Henry of SVR Realty LLC : 607.753.6556.
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RPP Team | High Falls Sotheby's International Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-28T10:14:02.657.
 
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Rochester NY, 14618