Address
180 Main Street, Cortland, NY
Price
$ 389,500
Property Attributes
- MLS#S1536785
- TypeCommercial
- CountyCORTLAND
- CityCortland
- AreaCortland
- Neighborhood180 Main Street LLC Lands
- Zip13045
- StyleApartment
- Year Built1930
- Taxes$ 7137
- Price$ 389,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7599
- Lot Size0.2167 Acres
Data Source:
Central New York Information Services (CNYIS)
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.
| Price History | |
|---|---|
| 5/8/2024 | Listed $389,500 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Gas |
| Cooling | CentralAir |
| Utilities | SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | BuiltUp,TarGravel |
| Zoning | CB |
| Construction Materials | Block |
| Year Built | 1930 |
| Electric | Item240Volts |
| Stories | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property SubType | Apartment |
| Business Type | Grocery |
| County | Cortland |
| Property Type | CommercialSale |
| Subdivision Name | 180 Main Street LLC Lands |
| Possible Use | Residential,Warehouse |
| Building Features | Office,PrivateRestrooms |
| Status | Active |
| Directions | The property is located at the corner of Main Street and Union Street directly across from the intersection with Huntington Street. This is a little way south of the intersection of Main Street and |
| City | Cortland |
| High School District | Cortland |
| Zoning Description | Business |
| MLS Area | Cortland-110200 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9439.0 |
| Waterfront Y/N | No |
| Year Built Details | Existing |
| Tax Annual Amount | 7137.0 |
| Property Condition | Resale |
| Lease Considered Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/syr/S1536785 |
| Days on Market | 4 |
| Standard Status | Active |
| Middle/Junior School District | Cortland |
| Elementary School District | Cortland |
| Tax Assessed Value | 130000 |
| TaxOtherAnnualAssessmentAmount | 305.0 |
| Tax Lot | 22 |
| Virtual Tour | https://www.propertypanorama.com/instaview-tour/syr/S1536785 |
| Property Sub Type Additional | Apartment,Commercial |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
Exterior Features
| Parking Features | Common,OnSite,Surfaced |
|---|---|
| Lot Features | PieShapedLot |
| Water Source | Public |
| Total Parking | 12.0 |
| Inclusions | Building Only |
| Lot Size Area | 0.2167 |
| Number of Buildings | 1 |
| Building Area Total | 7599.0 |
| Lot Dimensions | 88X106 |
| Lot Size Acres | 0.2167 |
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
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: 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 NextHome
