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Medical and Professional Office Building
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1088 Commons Ave, Cortland, NY 13045

A flexible office layout and substantial on-site parking support potential multi-tenant occupancy.

Property Size7,639 SF
Lot Size1.62 Acres
Price / SF$130.78
Days on Market3

Property Features for 1088 Commons Ave

General Information

Standard status Active
Size 7,639 SF
Lot size 1.62 Acres
Property subtype OFFICE

Additional Details

Road Access Yes
Property Use Office

Building Details

Buildings 1
Building Size 7,639 SF
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Ithaca
Listed By: David Huckle · License #10401231043
Source: Moodyscre
Added: Oct 29 Changed: Oct 30 Last Checked: Oct 30 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Pyramid Brokerage - Ithaca

Rey
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Investment Insights

Based on property information with market context.

This 7,639-square-foot office building occupies a 1.62-acre commercially zoned parcel. Its configuration supports potential multi-tenant occupancy, with a large parking area serving the property.

The building is located within The Commons in Cortland, with access to Route 281, the city’s Business District, and the State University of New York at Cortland.

Key Highlights

  • 7,639‑square‑foot office building on a 1.62‑acre commercially zoned parcel
  • Potential for multi‑tenant occupancy
  • Large on‑site parking area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Radiation Oncology Services, ... Medical Clinic Guthrie Cortland Radiation ... Physician Michael Fallon, MD Physician Nathan Goldman Physician Eight County Physicians Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store Auto Parts Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

386
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
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - A flexible office layout and substantial on-site parking support potential multi-tenant occupancy.
Where is this office building located?
The property is located at 1088 Commons Ave Cortland, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 7,639‑square‑foot office building on a 1.62‑acre commercially zoned parcel; Potential for multi‑tenant occupancy; Large on‑site parking area
(607) 227-7558 Call to check price and availability
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