Address
52 Elm Street, Cortland, NY
Price
$ 700,000
Property Attributes
  • MLS#S1518609
  • TypeCommercial
  • CountyCORTLAND
  • CityCortland
  • AreaCortland
  • Zip13045
  • StyleBusiness
  • Year Built1972
  • Taxes$ 7915
  • Price$ 700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8854
  • Lot Size9,335 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description

Looking for a Historical turnkey business? Palm Gardens is for you. This building was once the home of one of the first fire stations in Cortland over 100 years ago. This historical building hosts a Bar/Tavern with dining area, beautiful bar, kitchen with ansil system and exhaust. New rubber roof within the last 5 years, central air added, new flooring, updated electric, new furnace and some updates in the apartments. Second floor has 2 2-3 bedroom apartments, third floor has 2 2 bedroom apartments, The forth floor has full attic, there is also sprinkler system. The rentals units are each $650/month plus utilities. Make your appt. today!

Price History
1/28/2024 Listed $700,000

General Features

Sewer PublicSewer
Heating Gas,ForcedAir
Cooling CentralAir
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Membrane,Rubber
Zoning 05
Security Features FireSprinklerSystem,Intercom
Construction Materials Brick
Year Built 1972
Stories 4
Township Not Applicable
Property SubType Business
Business Type BarTavernLounge
County Cortland
Net Operating Income -7915.0
Property Type CommercialSale
Building Features PhoneSystem
Status Active
Directions Greenbush to Elm,Pomeroy to Elm
City Cortland
High School District Cortland
Zoning Description Business
MLS Area Cortland-110200
Lot Size Square Feet 9336.0
Waterfront Y/N No
Street Name Elm
Year Built Details Existing
Tax Annual Amount 7915.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1518609
Days on Market 50
Standard Status Active
Middle/Junior School District Cortland
Elementary School District Cortland
Tax Assessed Value 150000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 28
Virtual Tour https://www.propertypanorama.com/instaview-tour/syr/S1518609
Property Sub Type Additional Business,Apartment,Commercial

Interior Features

Basement Full
Total Stories 4
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street

Exterior Features

Parking Features Driveway,OnSite
Water Source Public
Total Parking 15.0
Inclusions Equipment,Land,Building and Business
Lot Size Area 0.2143
Number of Buildings 1
Building Area Total 8854.0
Lot Dimensions 48X194
Lot Size Acres 0.2143
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13045

Price
AVG $520K
$700K
Taxes
AVG $23,742
$7,915
Visits
AVG 95
130
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1972

Areas We Cover

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