108 W South Street Groton, NY $ 1,200,000
108 W South Street
$ 1,200,000
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108 W South Street

Groton, NY, 13073
$ 1,200,000
Bedrooms-- Baths-- Sq 260

Monthly Estimate*

$ 7,389

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Commercial Property for sale in Groton, NY

for $1,200,000. This 260 square foot building was built in 1943 on a lot size of 0.3.

ity to acquire a well-established chain of three highly successful ice cream shops with strong, consistent sales and excellent brand recognition. Two locations are uniquely housed in beautifully renovated railroad cabooses—creating a memorable, destination-style experience—while the third is a popular free-standing stand. The portfolio includes: Ice Cream Caboose – Groton (renovated caboose; land and building convey) Frosty Caboose – Cortland (renovated caboose; land and building convey) Frosty Cow (free-standing stand on leased land) Each location is well equipped with numerous newer pieces of ice cream and service equipment, allowing for efficient operations and immediate continuity for a new owner. The Cortland location is further enhanced by a large storage barn, while additional storage is provided by a storage trailer in Groton and a storage shed at the Dryden-area location, offering excellent capacity for inventory, supplies, and seasonal needs. This is a true turn-key operation with a proven track record, strong financial performance, and significant upside potential through continued branding, expanded hours, or menu growth. The business is being offered for sale solely due to the owners’ retirement, not performance. To ensure a smooth transition, the owners are willing to remain on after closing to train the new buyer. Complete financials are available to qualified buyers with a signed confidentiality agreement. Ideal for an owner-operator or investor seeking a fun, profitable, and established business with real estate included in two prime locations. Also listed as MLS:S1660046

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 2,167

Style

Business

Lot Size

0.3

Year Built

1943

Town/City

Groton

County/Region

Tompkins

MLS | Web ID

S1660047

Features
General
Sewer PublicSewer
Heating Electric
Cooling CentralAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Metal
Zoning High Inten
Construction Materials Other
School District Groton
Year Built 1943
Stories Count 1
Township Groton-Village
Levels One
Property Subtype Business
Additional Parcels Description 502801-007-000-0002-023-010-0000
County Tompkins
Property Type CommercialSale
Status Active
City Groton
High School District Groton
Zoning Description Commercial
Number Of Units Total 0
MLS Area Groton-Village-502801
Lot Size Units Acres
Lot Size Square Feet 7841.0
Year Built Details Existing
Tax Annual Amount 2167.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1660047 https://www.propertypanorama.com/instaview-tour/syr/S1660047
Standard Status Active
Middle/Junior School District Groton
Elementary School District Groton
Tax Assessed Value 55000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 13
Property Sub Type Additional Business
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Interior
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
Lot Features IrregularLot
Water Source Public
Total Parking 24.0
Inclusions Equipment Land and Building Land Building and Business
Lot Size Area 0.3
Number of Buildings 3
Building Area Total 260.0
Lot Dimensions 113X217
Lot Size Acres 0.3
Waterfront Y/N No
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Internal Only
Street Number 1 108
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* Excluded Features
List By
Tompkins Cortland Real Estate

Broker

(607) 898-3456

Phone

Affordability Calculator

$7,569
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3040880 Elementary School
3040349 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$1,200,000 Listed Price

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108 W South Street, Groton, NY, 13073 is a Commercial Property for sale at $1,200,000 with 260 sqft and a lot size of 0.3. 108 W South Street was built in 1943. The property's zip code is 13073 which is in Groton, NY