Mixed-Use Plaza in Downtown
For Sale
$495,000
180 Main St, Cortland, NY 13045
Downtown mixed-use plaza with commercial spaces, apartments, and storage.
Property Size7,599 SF
Price / SF$123.75
Days on Market120
Property Features for 180 Main St
General Information
Standard status
Active
Size
7,599 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,328
Building Details
Building Size
7,599 SF
Year Built
1930
Stories
2
Units
6
Listing Agency:
Yaman Real Estate
(315) 727-9917
Listed By:
Jeffrey Guida · License #10301218984
(315) 727-9917
Source:
Elliman
Added: Apr 24
Changed: Aug 14
Last Checked: Aug 20 at 10:51AM
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 Yaman Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property features a shopping plaza with four commercial spaces, two residential apartments, and two storage bays, situated in a downtown location. Each unit has separate heating and electric services. The main level commercial spaces include a 4000 sq. ft. convenience store (currently occupying two spaces), a salon, a food service company, and a 500 sq. ft. heated storage/warehouse space with a 10x10 overhead door, plus a 6x10x10 storage space for additional income. Upgrades within the last 15 years include a 600 amp electrical service, updated furnaces, hot water tanks, and central air in the convenience store. The building has been updated with new commercial doors, windows, and a roof. The upstairs two-bedroom apartments have also been renovated. The apartments are currently under rented, suggesting potential for higher rental income. Maintenance expenses are low due to the absence of grass. The owner is responsible for snow removal and water/sewer services. All tenants handle their own trash removal. The bike score is 23, indicating it is somewhat bikeable, and the walk score is 40, indicating car-dependence.
Key Highlights
- Mixed‑use property in a downtown location featuring 4 commercial spaces, 2 residential apartments, and 2 storage bays.
- Each unit has separate heat and electric.
- Recent upgrades include 600 amp electrical service, updated furnaces/hot water tanks/central air in convenience store, new commercial doors/windows, and a roof.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
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Similar Off Market Nearby
- Marketplace Mall — 64 Main St, Cortland, NY 13045
Frequently Asked Questions
What type of property is this?
Shopping center - Downtown mixed-use plaza with commercial spaces, apartments, and storage.
Where is this shopping center located?
The property is located at 180 Main St Cortland, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Mixed‑use property in a downtown location featuring 4 commercial spaces, 2 residential apartments, and 2 storage bays.; Each unit has separate heat and electric.; Recent upgrades include **600 amp electrical service**, **updated furnaces/hot water tanks/central air in convenience store**, new commercial doors/windows, and a roof.
