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Retail Building with Upstairs Storage
For Sale
Contact for pricing
Pending

31-33 Central Ave, Cortland, NY 13045

Large downtown retail space with an additional storage area above and free public parking beside the building.

Property SizeContact for details
Days on Market145

Property Features for 31-33 Central Ave

General Information

Standard status Pending
Property subtype Retail

Amenities

free public parking
Listing Agency: Warren Real Estate Downtown Ithaca
Listed By: Nicholas "Nick" Rutkowski · License #NY 10401287001
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 29 at 10:28PM

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 Warren Real Estate Downtown Ithaca

Investment Insights

Based on property information with market context.

This retail building offers a large ground-floor retail space with an additional area above the shop that is currently used for storage. The upper space can potentially be converted to apartments for added income, subject to applicable requirements.

The property is located on Central Ave in Downtown Cortland. Public remarks indicate thousands of cars pass by daily, and free public parking is located next to the building for customer use.

Overall, the configuration provides a primary retail frontage with supplemental space above that may support multiple uses depending on conversion approvals.

Key Highlights

  • Large downtown retail space on Clinton Ave in Cortland
  • Thousands of cars pass by daily on Clinton Ave (main road in Downtown Cortland)
  • Free public parking is located next to the building for customer use

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Carpet & Flooring Store Computer & Electronic Repair Electrical Service

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

1,040
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 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?
Retail space - Large downtown retail space with an additional storage area above and free public parking beside the building.
Where is this retail space located?
The property is located at 31-33 Central Ave Cortland, NY.
What are key features of this property?
This property features: Large downtown retail space on Clinton Ave in Cortland; Thousands of cars pass by daily on Clinton Ave (main road in Downtown Cortland); Free public parking is located next to the building for customer use
More about this property
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