Rebuilt Mixed-Use
New
For Sale
Contact for pricing
50 MAIN ST, Cortland, NY 13045
Single-story commercial property with CB zoning and a rebuilt storefront facade.
Property Size2,947 SF
Lot Size0.08 Acres
Price / SF$183.20
Days on Market7
Property Features for 50 MAIN ST
General Information
Standard status
Active
Size
2,947 SF
Class
B
Total Parking Spaces
4
Lot size
0.08 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
CB
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$40,936
Financials
Asking Price
$539,900
Cap Rate
7.58%
Gross Income
$65,442
Building Details
Year Built
1972
Year Renovated
2025
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Building Size
2,947 SF
Construction
wood-frame
Owner Occupied
No
Abandoned
No
Listing Agency:
ElysiumX Team
Listed By:
Matt Mastrangelo · License #10991228639
Source:
Crexi
Added: Aug 5
Changed: Aug 11
Last Checked: Aug 10 at 2:51PM
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 ElysiumX Team
Investment Insights
Based on property information with market context.
This 2,947 SF mixed-use storefront occupies a single-story wood-frame building with a flat roof on a 3,446 SF parcel. The structure was comprehensively rebuilt in 2025, including a new storefront facade completed through a City of Cortland facade improvement grant. The full basement remains vacant and separate from the occupied space.
Located at 50 Main Street in downtown Cortland’s Central Business district, the property is positioned two doors from 38 Main Street and near the city’s core retail corridor. Four parking spaces serve the site. The building is currently 100% leased to two tenants, and zoning is CB - Central Business.
Located at 50 Main Street in downtown Cortland’s Central Business district, the property is positioned two doors from 38 Main Street and near the city’s core retail corridor. Four parking spaces serve the site. The building is currently 100% leased to two tenants, and zoning is CB - Central Business.
Key Highlights
- 2,947 SF mixed‑use storefront on a 3,446 SF parcel
- Comprehensively rebuilt in 2025 with a new storefront facade
- 100% leased to two tenants
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Single-story commercial property with CB zoning and a rebuilt storefront facade.
Where is this mixed-use property located?
The property is located at 50 MAIN ST Cortland, NY.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 2,947 SF mixed‑use storefront on a 3,446 SF parcel; Comprehensively rebuilt in 2025 with a new storefront facade; 100% leased to two tenants
