Building Details

Building Size 2,640 SF

Year Built 1980

Stories 1

Listing Agency: Tompkins Cortland Real Estate k***@tcrestate.com Show Phone

Listed By: Kristopher Buchan · License #10371200368 Show Phone

Source: Elliman

Added: Mar 11 Changed: Aug 17 Last Checked: Aug 20 at 10:46AM

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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 Tompkins Cortland Real Estate

Investment Insights

Based on property information with market context.

This commercial property presents a unique opportunity in the village of Groton. Formerly the village's municipal office building, the well-maintained building offers ample parking and a favorable location. The property's layout and location suggest a multitude of possibilities, including a doctor's office, professional office space, or a retail operation. Conversion to a ranch-style home is another potential use. The village of Groton provides low-cost municipal electric service. With upcoming changes to the village landscape through the New York Forward Grant, this location is a consideration. The seller is motivated.

Key Highlights

• Terrific location in the heart of the village of Groton.
• Ample parking available.
• Well‑maintained building with a multitude of possibilities (office, retail, residential).

Property Analytics

Property Profile

Current Use

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

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Hair Salon

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

156

Businesses Nearby

Explore this area Business Placement

Demographics for 13073, NY

6,190

Population

2,803

Households

2.2

Avg Household Size

43

Median Age

29%

College-Educated

94%

High-School Grad

55.1 sq mi

ZIP Area

112

Density / Sq Mi

$71,316

Median Household Income

$42,096

Median Earnings

$983

Median Rent

$167,900

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

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Frequently Asked Questions

What type of property is this?

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

Where is this office building 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 available.; Well‑maintained building with a multitude of possibilities (office, retail, residential).