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NNN Property with Renovated Building
For Sale
Under Contract
$299,900

991 State Route 13, Cortland, NY 13045

CommercialSale, Cortland, NY

Property Size2,688 SF
Lot Size1.27 Acres
Price / SF$111.57
Days on Market242

Property Features for 991 State Route 13

General Information

Property type Commercial Sale
Property subtype Other
Zoning 1
Zoning description Commercial
Parking 30
Lot features Irregular Lot
Elementary school Franklyn S Barry
Elementary school district Cortland
Middle school district Cortland
High school district Cortland
Subdivision Cortlandville-112289
Standard status Active Under Contract
APN 112289-095-016-0001-011-000-0000
Size 2,688 SF
Lot size 1.27 Acres

Taxes and HOA fees

Tax Annual Amount 11000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

new metal roof
overhead doors
signage in place

Building Details

Year built 1995
Floors in Building 1
Roof type Metal
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Kathleen M Markowski · License #30MA0818780
Added: Jan 21 Changed: Sep 7 Last Checked: Sep 20 at 11:06AM
MLS# R1658940

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Located at 991 State Route 13 in Cortland, this 2,688-square-foot commercial building sits on 1.2711 acres and was constructed in 1995. The property has undergone extensive renovations and includes a new metal roof, paved parking, overhead doors, on-site signage, municipal water and sewer, natural gas heat, and central air conditioning. The building is described as well maintained and in excellent condition.

Enterprise car is the in-place tenant under a triple-net lease with annual increases, a 10-year term, and a five-year option. The property fronts New York State Route 13 and includes public utilities, providing an established commercial setting with dedicated parking and existing improvements.

Key Highlights

  • 2,688‑square‑foot building on 1.2711 acres
  • Enterprise car tenant in place
  • Triple‑net lease with annual increases

Property Analytics

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Current Use

NNN properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Law Firm Garden Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby

Demographics for 13045, NY

28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding commercial building leased to an automotive tenant under a triple-net structure with annual increases.
Where is this nnn property located?
The property is located at 991 State Route 13 Cortland, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,688‑square‑foot building on 1.2711 acres; Enterprise car tenant in place; Triple‑net lease with annual increases
More about this property
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