180 Main Street Cortland, NY 13045
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.
- Property TypeCondo
- Neighborhood180 Main Street Llc Lands
- CountyCortland
- Taxes$7,137
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID NumberS1536785
- Home Size Source N/A
- Year Built1930
- Lot Size0.2167 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Block
- Building Features OfficePrivate Restrooms
- Parking CommonOn SiteSurfaced
- Parking Spaces 12
- Sewer Public Sewer
- Number of Stories 222
- Acreage 0.2167
- Water Public
- Zoning CB
- Cross Street Union Street
- Property Sub Type Apartment
- Utilities Sewer ConnectedWater Connected
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Gas
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Built- UpTar/ Gravel
- Waterfront Property No
- Lot Pie Shaped Lot
Community Features
- Township Not Applicable
- MLS Area Cortland-110200
- Building Features OfficePrivate Restrooms