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    143 E Cortland St Groton, NY 13073

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    For Sale
    $269,900

    Well-maintained commercial property with ample parking and numerous possibilities.

    Lot size:
    0.89 Acres

    Property Features for 143 E Cortland St

    General Information

    Lot size
    0.89 Acres

    Building Details

    Year built
    1980

    Source: Tompkins Cortland Real Estate Agent Kristopher Buchan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building in Groton

    This commercial property presents a rare opportunity in the heart of the village of Groton. Formerly the village of Groton municipal office building, the well-maintained building offers ample parking and a terrific location with a multitude of possibilities. Potential uses include a doctor's office, other professional office, or a retail operation. Conversion to a ranch-style home is another possibility. Groton offers attractive low-cost municipal electric service. With changes coming to the village of Groton landscape through the recent winning of the New York Forward Grant, this is a great time to consider Groton. The seller is motivated to sell.
    Insight Report Location Intelligence

    Current Use by Public Records

    Groton Village Office Local Government Office Groton Clerk's Office City Government Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    Tompkins
    State
    New York
    Longitude
    -76.3660624
    Latitude
    42.5911893

    Nearby Similar for Sale

    • $279,900
      2,640 SF

      Groton Office Building - Huge Potential

      Prime Groton location, versatile office space.
      143 Cortland St, Groton, NY 13073
      View Details

    FAQs

    What type of property is this?
    Office space - Well-maintained commercial property with ample parking and numerous possibilities.
    Where is this office space located?
    The property is located at 143 E Cortland St Groton, NY.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Terrific location in the heart of the village of Groton.; - Ample parking.; - Well-maintained building with a multitude of possibilities (office, retail, or residential conversion).
    (607) 898-3456
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    143 E Cortland St Groton, NY 13073
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    Groton, NY 13073
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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
    143 E Cortland St Groton, NY 13073
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