555 Cortland Road Groton, NY $ 585,000
555 Cortland Road
$ 585,000
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555 Cortland Road

Groton, NY, 13073
$ 585,000
Bedrooms-- Baths-- Sq 8,736

Monthly Estimate*

$ 3,602

555 Cortland Road, Groton, NY 13073 - Image 1
555 Cortland Road, Groton, NY 13073 - Image 2
555 Cortland Road, Groton, NY 13073 - Image 3
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Commercial Property for sale in Groton, NY

for $585,000. This 8,736 square foot building was built in 2005 on a lot size of 4.37.

555 Cortland Road in Groton, New York, is an exceptional opportunity to own a well-maintained commercial property with established tenants and a successful operating business that will remain in place. This income-producing property offers immediate revenue potential and long-term investment value. The property is being sold with existing leases that must be honored by the purchaser, providing continuity and stability for both tenants and ownership. The current business occupies a portion of the building and will remain fully operational after the sale, ensuring a seamless transition and continued occupancy. Located between Ithaca and Cortland, this 8,736 SF steel-roof, steel-skin commercial building sits on 4.37 acres at the corner of Cortland Road and Lick Street, providing visibility, access, and functional flexibility in a low-congestion setting. Constructed in 2005, the building currently has two spaces available for lease or owner use, making it well-suited for sales, service, repair, fabrication, or light manufacturing uses. The site includes approximately 40 vehicle parking spaces at the front, along with a one-acre paved rear area that can be readily repurposed for contractor yard use, fleet parking, outdoor storage, equipment staging, or future expansion. This property is ideal for businesses that do not rely on walk-in retail traffic but instead prioritize space, efficiency, and accessibility. Target users include contractor and trade businesses (HVAC, plumbing, electrical, excavation), landscaping and tree service companies, small manufacturing or fabrication shops, outdoor power equipment or small-engine repair operations, powersports or recreational vehicle sales and service, and similar owner-operated enterprises. This is an opportunity to acquire a land-rich, functional commercial property in the Ithaca–Cortland corridor that supports hands-on operations, outdoor use, and long-term control of your facility. Radiant floor heating High Intensity District zone - town of Groton

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Commercial Active

Price

$ 585,000

Property Type

Commercial

Taxes

$ 10,084

Style

Commercial

Lot Size

4.37

Year Built

2005

Town/City

Groton

County/Region

Tompkins

MLS | Web ID

S1685568

Features
General
Sewer SepticTank
Heating Gas HotWater Radiant
Utilities ElectricityAvailable
Possession CloseOfEscrow
Roof Metal
Zoning 0
Construction Materials BlownInInsulation FoamInsulation MetalSiding Concrete
School District Groton
Year Built 2005
Stories Count 1
Township Groton-Village
Levels One
Property Subtype Commercial
Accessibility AccessibleFullBath AccessibleEntrance
County Tompkins
Property Type CommercialSale
Possible Use Manufacturing Office ServiceBusiness Warehouse
Garage Y/N Yes
Building Features PrivateRestrooms
Status Active
City Groton
High School District Groton
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Groton-Village-502801
Lot Size Units Acres
Lot Size Square Feet 190357.0
Year Built Details Existing
Tax Annual Amount 10084.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1685568 https://www.propertypanorama.com/instaview-tour/syr/S1685568
Standard Status Active
Middle/Junior School District Groton
Elementary School District Groton
Tax Assessed Value 400000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 2
Property Sub Type Additional Commercial
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Interior
Basement None
Flooring Concrete
Total Fireplaces 0
Total Stories 1
Basement (Y/N) No
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 OnSite Surfaced
Lot Features Rectangular RectangularLot
Total Parking 40.0
Inclusions Land and Building
Lot Size Area 4.37
Number of Buildings 1
Building Area Total 8736.0
Lot Dimensions 460X396
Lot Size Acres 4.37
Waterfront Y/N No
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Internal Only
Street Number 1 555
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* Excluded Features
List By
Hartnett Realty Solutions

Broker

(607) 423-0089

Phone

Affordability Calculator

$4,442
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$840
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
6/2/2026$585,000 Listed Price

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555 Cortland Road, Groton, NY, 13073 is a Commercial Property for sale at $585,000 with 8,736 sqft and a lot size of 4.37. 555 Cortland Road was built in 2005. The property's zip code is 13073 which is in Groton, NY