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    16-18 Main St Cortland, NY 13045

    Pending
    For Sale
    $289,000

    SINGLE_FAMILY - Cortland, NY

    Type:Office
    Property size:
    3,900 SF
    Lot size:
    0.16 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 16-18 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    COM 1
    Rooms
    Basement
    APN
    110200-086-058-0001-017-000-0000
    Parking
    4
    Size
    3,900 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1975
    Floors in Building
    1
    Roof type
    Membrane, Flat, Rubber

    Heritage Realty of Central New York (607) 428-0708 [email protected]

    Listing agent Johnna Gray (607) 428-0708 License #10401343305

    Listing date Oct 20, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space in Cortland

    Located in the heart of Cortland's historic downtown, 16-18 Main Street offers approximately 3,900 square feet of versatile commercial space. The space features 2 side by side units that are gutted and ready for renovation, each with separate basements. The building includes 4 parking spaces in the rear. The property is located on the newly renovated, two-way Main Street and sits on a lot of 0.1563 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Hair Salon Clothing Store Wholesale Shop Food Market Bar & Pub Grocery Store Electrical Service Auto Parts Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.180705
    Latitude
    42.600651

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    FAQs

    What type of property is this?
    Office space - Commercial space in Cortland's historic downtown, ready for renovation.
    Where is this office space located?
    The property is located at 16-18 Main St Cortland, NY.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Prime downtown location in Cortland's historic district.; - Approximately 3,900 sq ft of versatile commercial space.; - Two side-by-side units, gutted and ready for renovation.
    (607) 428-0708
    Request Owner's contact information
    16-18 Main St Cortland, NY 13045
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    Cortland, NY 13045
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16-18 Main St Cortland, NY 13045
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