45 Port Watson Street Cortland, NY $ 188,000
45 Port Watson Street
$ 188,000
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45 Port Watson Street

Cortland, NY, 13045
$ 188,000
Bedrooms-- Baths-- Sq 3,460

Monthly Estimate*

$ 1,173

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Commercial Property for sale in Cortland, NY

for $188,000. This 3,460 square foot building was built in 1940 on a lot size of 0.1861.

Improved price. High-Visibility Commercial Building for Sale. Prime location at a busy traffic light, this high-profile property is currently configured as two separate units. The building boasts significant renovations completed since its purchase in 2022. Key Features include renovations to heating, electric, flooring and more. The extensive updates were made to enhance appeal and functionality for office and take out restaurant. This building offers a flexible configuration with 2 separate units; ideal for multiple uses or rental income. With this High Traffic Location it offers excellent visibility and accessibility at a prominent intersection. Let’s get excited about the new parking lot and entry too. Don’t miss this opportunity to own a landmark property with endless potential! Does this align with your vision?

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Commercial Contingent

Price

$ 188,000

Property Type

Commercial

Taxes

$ 5,778

Style

Business

Lot Size

0.1861

Year Built

1940

Town/City

Cortland

County/Region

Cortland

MLS | Web ID

S1588511

Features
General
Sewer PublicSewer
Heating Electric Gas SeparateMeters Zoned ForcedAir WallFurnace
Cooling SeparateMeters Zoned
Utilities ElectricityAvailable SewerConnected
Possession CloseOfEscrow
Roof Asphalt Membrane Rubber
Zoning CB
School District Cortland
Year Built 1940
Stories Count 1
Township Not Applicable
Levels One
Property Subtype Business
County Cortland
Property Type CommercialSale
Possible Use Office Restaurant Retail ServiceBusiness
Status ActiveUnderContract
City Cortland
High School District Cortland
Zoning Description Commercial
Number Of Units Total 2
MLS Area Cortland-110200
Lot Size Units Acres
Lot Size Square Feet 8105.0
Year Built Details Existing
Tax Annual Amount 5778.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1588511 https://www.propertypanorama.com/instaview-tour/syr/S1588511
Standard Status ActiveUnderContract
Middle/Junior School District Cortland
Elementary School District Cortland
Tax Assessed Value 115000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 12
Property Sub Type Additional Business Office Retail MixedUse Commercial
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Interior
Flooring Carpet Linoleum Vinyl
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Common OnSite
Lot Features IrregularLot
Total Parking 12.0
Inclusions Building Only Other - See Remarks
Lot Size Area 0.1861
Number of Buildings 1
Building Area Total 3460.0
Lot Dimensions 60X134
Lot Size Acres 0.1861
Waterfront Y/N No
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Internal Only
Street Number 1 45
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* Excluded Features
List By
Berkshire Hathaway Homeservices Heritage Realty

Broker

(607) 261-0439

Phone

Affordability Calculator

$1,654
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,173
Monthly Property Taxes
$482
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038306 Elementary School
3038340 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$188,000 -5.53% Price Down
3/27/2025$199,000 -9.50% Price Down
3/3/2025$219,900 -4.35% Price Down
2/12/2025$229,900 Listed Price

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45 Port Watson Street, Cortland, NY, 13045 is a Commercial Property for sale at $188,000 with 3,460 sqft and a lot size of 0.1861. 45 Port Watson Street was built in 1940. The property's zip code is 13045 which is in Cortland, NY