Drug Store

Cortland, NY Drug Stores for Sale

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Cortland Retail Property for Sale
Updated: Mar 27, 2025
Cortland Retail Property for Sale

3948 State Rte 281, Cortland, NY

Contact for pricing
14,490 sqft 1.40 AC lot
Long‑term tenant (Walgreens) with 7 years remaining on the original 25‑year lease.
Tenant has 10 (5‑year) options to extend, indicating a strong commitment to the location.
Tenant has termination options every 5 years beginning 2/29/2032.
Established tenant provides a stable income stream.
Property is leased to a nationally recognized pharmacy chain.
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1 active listing matches your search: Drug Store for sale in Cortland, NY. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

CVS Drug Store with Drive-Through
CVS Drug Store with Drive-Through

249 Main Street, Binghamton, NY 13905

Contact for pricing
10,125 sqft

The CVS tenancy has more than seven years remaining, with five renewal options available.

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CVS Drug Store with Drive-Through
CVS Drug Store with Drive-Through

157-163 Robinson Street, Binghamton, NY 13904

Contact for pricing
10,125 sqft

Built in 2006, the site has a long-term CVS lease and a dedicated vehicle service lane.

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Freestanding Pharmacy with Drive-Thru
Freestanding Pharmacy with Drive-Thru

119 W 2nd St, Elmira, NY 14901

Contact for pricing
10,945 sqft

Freestanding former pharmacy building with a drive-thru, recently updated facade, and large parking lot on a corner lot.

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Freestanding Retail Building with Drive-Thru
Freestanding Retail Building with Drive-Thru

209 Mt Zoar St, Elmira, NY

Contact for pricing
10,945 sqft 1.42 AC lot

Former pharmacy with drive-thru, suitable for retail or restaurant.

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Off-Market Properties in Cortland, NY

Consider similar Off-Market properties in Cortland, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3948 Ny-281
Individual retail properties

3948 Ny-281, Cortland, NY 13045

Estimated value: by Request
14,800 sqft 1.40 AC lot
View details
79 North St
Individual retail properties

79 North St, Cortland, NY 13045

Estimated value: by Request
11,324 sqft 2.32 AC lot
View details

Cortland, NY Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Cortland, NY on our real estate platform. These investment opportunities span a total of 14,490 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 19
Shopping centers 4
Grocery and convenience stores 3
Drug stores 2
Showrooms 2

Demographics Overview

Population 28K
Population Growth (5Y) -2.9%
Median Household Income $67,028
College Educated 44.5%

Taxes & Financing

Tax Rate (average for all types) 2.42%
Property Tax per SF $45.67 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cortland County

Retail

Residential Income

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