180 Main Street
$449,900
—
7,599
7,599
$59
Description
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)....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.
- Listed by Philip Henry • SVR Realty LLCP: (607)-753-6556 C: (607)-423-3175 valley7phil@yahoo.com
Property Details for 180 Main Street
Subdivision Comm Complex
180 Main Street LLC Lands
On WaterfrontNo
Parking DescriptionCommon, On Site, Surfaced
Zoning CodeCB
Nearest Cross StreetUnion Street
LISTING UPDATED: 08/16/2024 07:09 PM
Property Details for 180 Main Street
Status | Active |
---|---|
MLS # | S1536785 |
Days on Market | 147 |
Taxes | $7,137 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Apartment |
MLS Type | Commercial Sale / Apartment |
Year Built | 1930 |
Lot Size | 0.22 AC / 9,439 SF |
County | Cortland County |
Building Information for 180 Main Street
Stories2Residences-Year Built1930Lot Size0.22 AC / 9,439 SF
Property Information for 180 Main Street
Property History for 180 Main Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 180 Main Street
Taxable ValueLand$24,300Additions$105,700Total$130,000
Tax Record2023$4,771 ($398 / month)
Home Facts
Total Finished SqFt5,443 SqFtAbove Grade Finished SqFt5,443 SqFtUnfinished Basement SqFt2,156 SqFtStories2Lot Size9,434 SqFtStyleOffice BuildingYear Built1965Zoning05 - COMMERCICountyCORTLANDAPN110200 86.74-03-22.000
Schools near 180 Main Street
This home is within Cortland City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 6 |
Rating | School | Distance |
---|---|---|
Randall School Public5 to 6 | ||
Cortland Junior High School Public7 to 8 | ||
Cortland Junior Senior High School Public9 to 12 | ||
St Mary's School PrivatePK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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