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Profitable Virgil Property with Multiple Streams
For Sale
$900,000

1234 State Route 392, Cortland, NY 13045

SINGLE_FAMILY - Cortland, NY

Property Size6,560 SF
Lot Size3.11 Acres
Price / SF$137.20
Days on Market309

Property Features for 1234 State Route 392

General Information

Property type Residential
Property subtype Office
Zoning COM 1
Zoning description Commercial
Parking 10
Lot features Irregular Lot
Elementary school district Cortland
Middle school district Cortland
High school district Cortland
Subdivision Virgil-114600
Standard status Active
APN 114600-126-014-0002-037-000-0000
Size 6,560 SF
Lot size 3.11 Acres

Taxes and HOA fees

Tax Annual Amount 10625

Utilities

Heating system Electric (Heating)
Water source Well

Building Details

Year built 1975
Floors in Building 1
Roof type Metal
Listing Agency: Yaman Real Estate
Listed By: Jeffrey Guida · License #10301218984
Added: Oct 2, 2025 Changed: Jun 22 Last Checked: Aug 6 at 6:06PM
MLS# S1642894

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.

This 3.11-acre property in Virgil, NY, features three revenue streams. The first is Empire Welding, a welding operation established for 44 years, including equipment and machinery. The current owner is willing to provide training to ensure a smooth transition. The second is a self-storage facility consisting of three steel buildings with 75 rented storage units, generating a gross annual income of $65,000. The third is an established U-Haul truck rental business with a consistent gross annual income of $10,000. The property has a building size of 6,560 square feet and is zoned COM 1. The property is located in Cortland, NY.

Key Highlights

  • Three distinct revenue streams: welding business, self‑storage, and U‑Haul rental.
  • Established and profitable Empire Welding business (44 years) with equipment included.
  • Self‑storage facility with 75 fully rented units generating $65,000 annual income.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Bakery Storage Facility Home Appliance Store Hair Salon Nail Salon Restaurant

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

Location Intelligence

Trade Area within ½ mile

23
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Turn-key investment property with welding business, storage, and U-Haul.
Where is this self storage facility located?
The property is located at 1234 State Route 392 Cortland, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three distinct revenue streams: welding business, self‑storage, and U‑Haul rental.; Established and profitable Empire Welding business (44 years) with equipment included.; Self‑storage facility with 75 fully rented units generating $65,000 annual income.
More about this property
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