Mixed-Use Plaza in Downtown
For Sale
$495,000
180 Main Street, Cortland, NY 13045
Downtown plaza with commercial spaces, apartments, and storage.
Property Size7,599 SF
Price / SF$65.14
Days on Market248
Property Features for 180 Main Street
General Information
Standard status
Active
Size
7,599 SF
Property subtype
Commercial Sale / Apartment
Net Operating Income
$22,287
Taxes and HOA fees
Annual Taxes
$12,328
Amenities
Two
Gas
Central Air
Yes
7599.0
No
Other, See Remarks
Full
Asphalt
Grocery
Office, Private Restrooms
Block
Building Details
Year Built
1930
Stories
2
Listing Agency:
Yaman Real Estate
(607) 753-9644
Listed By:
Ashley Warfield · License #10401333382
(607) 753-9644
Source:
Compass
Added: Dec 4, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:02PM
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, a 500 sq ft heated storage/warehouse space with a 10x10 overhead door, and a 6x10x10 storage space. Upgrades within the last 15 years include a 600 amp electrical service and 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 two-bedroom apartments on the upper level have also been renovated. The apartments are currently under rented, suggesting potential for increased rental income. Maintenance expenses are low due to the absence of grass. The owner is responsible for snow removal and water/sewer services, while tenants handle their own trash removal. The property has a size of 7599 sq ft.
Key Highlights
- Prime downtown location with a mix of commercial and residential units.
- Multiple income streams from 4 commercial spaces, 2 apartments, and 2 storage bays.
- Separate heat and electric for each unit, simplifying tenant management.
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
Questions? Ask Rey
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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 plaza with commercial spaces, apartments, and storage.
Where is this shopping center located?
The property is located at 180 Main Street 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: Prime downtown location with a mix of commercial and residential units.; Multiple income streams from 4 commercial spaces, 2 apartments, and 2 storage bays.; Separate heat and electric for each unit, simplifying tenant management.
