Active
180 Main Street
Cortland NY, 13045
$449,900
$59.21 per sqft
Active
7,599 sqft
Commercial
Built in 1930
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.
S1536785
MLSⓇ ID
May 8, 2024
Listed
September 17, 2024
Updated
Map
180 Main Street
Cortland NY, 13045
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Gas
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Pie Shaped Lot
Roof
Built-Up, Tar/Gravel
Sewer
Public Sewer
School Information
School District
Cortland
Other Property Details
Area Name
Cortland-110200
Taxes
$7,137
Tax Frequency
Annually
Days on Market
54
Garage
No
Parking
Common, On Site, Surfaced
Parking Total
12
View
No
County
Cortland
Municipality
Not Applicable
Water Source
Public
Pool
No
Zoning
CB
Listing History
Date | Event | Price |
|---|---|---|
8/16/2024 | Price change | $449,900 15% |
8/16/2024 | Active | — |
7/1/2024 | Pending | — |
Courtesy of SVR Realty LLC, Philip Henry
Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Johan Dulfer 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 the CNYIS, UNYREIS and WNYREIS. Real estate listings are marked with the IDX logo and include the Listing Broker’s 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), Johan Dulfer, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
©2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data last updated 10:46 AM UTC, 9/17/2024