180 Main Street Cortland, NY $ 495,000
180 Main Street
$ 495,000
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180 Main Street

Cortland, NY, 13045
$ 495,000
Bedrooms-- Baths-- Sq 7,599

Monthly Estimate*

$ 3,088

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180 Main Street, Cortland, NY 13045 - Image 7
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Commercial Property for sale in Cortland, NY

for $495,000. This 7,599 square foot building was built in 1930 on a lot size of 0.22.

Shopping plaza consisting of 4 commercial spaces, 2 residential apartments and 2 storage bays in downtown location. Separate heat & electric for each unit. The main level commercial spaces include a 4000 sq. ft. convenience store (currently encompassing 2 spaces), a salon, a food service company, a 500 sq. ft. heated storage/warehouse space with a 10x10 overhead door and a 6x10x10 storage space for additional income. Upgrades made in the last 15 years include a 600 amp electrical service, updated furnaces/hot water tanks/central air in convenience store. Building was updated with new commercial doors/windows, and a roof. The upstairs, 2-bedroom apartments were also renovated. Apartments are under rented and potential rental income can be higher. Maintenance expenses are low as the property has no grass to be maintained. Owner pays snow removal & water/sewer. All tenants are responsible for their own trash removal.

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 12,328

Style

Apartment

Lot Size

0.22

Year Built

1930

Town/City

Cortland

County/Region

Cortland

MLS | Web ID

S1640401

Features
General
Sewer PublicSewer
Heating Gas
Cooling CentralAir
Utilities ElectricityConnected SewerConnected WaterConnected
Possession Closing
Roof Asphalt
Zoning CB
Construction Materials Block
School District Cortland
Year Built 1930
Electric Volts240
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Apartment
Gross Income 55500.0
Business Type Grocery
County Cortland
Net Operating Income 22287.0
Operating Expense 20885.0
Property Type CommercialSale
Possible Use Restaurant Service Warehouse
Building Features Office PrivateRestrooms
Status Active
Directions From clock tower building go south on Main Street. Building located at the corner of Main Street and Union Street.
City Cortland
High School District Cortland
Zoning Description Commercial
Number Of Units Total 6
MLS Area Cortland-110200
Lot Size Units Acres
Lot Size Square Feet 9439.0
Year Built Details Existing
Tax Annual Amount 12328.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1640401 https://www.propertypanorama.com/instaview-tour/syr/S1640401
Standard Status Active
Middle/Junior School District Cortland
Elementary School District Cortland
Tax Assessed Value 320000
TaxOtherAnnualAssessmentAmount 305.0
Property Sub Type Additional Apartment Commercial
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Interior
Basement Full
Flooring Other SeeRemarks
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
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 Surfaced
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 12.0
Inclusions Land and Building
Lot Size Area 0.22
Number of Buildings 1
Building Area Total 7599.0
Lot Dimensions 88X106
Lot Size Acres 0.22
Waterfront Y/N No
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Internal Only
Street Number 1 180
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* Excluded Features
List By
Yaman Real Estate

Broker

(607) 745-8531

Phone

Affordability Calculator

$4,115
Per Month
75%
25%
0%
Monthly Principal & Interest
$3,088
Monthly Property Taxes
$1,027
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
9/26/2025$495,000 Listed Price

Map


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180 Main Street, Cortland, NY, 13045 is a Commercial Property for sale at $495,000 with 7,599 sqft and a lot size of 0.22. 180 Main Street was built in 1930. The property's zip code is 13045 which is in Cortland, NY