Property profile

1302 Fisher Ave Cortlandville, NY 13045

FOR SALE
Commercial real estate
Property ID
US63-3172301
3,350 SF 0.63 ac lot Built 1940
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Property summary

AI-generated overview

This exceptional 3,350 square foot commercial property, situated on a sizable 0.63-acre lot in Cortland, NY, presents a unique investment opportunity. Conveniently located off Route 281, midway between Cortland and Homer, this building boasts a prime location with excellent visibility and accessibility. Historically used as a schoolhouse, the property's adaptable layout offers a multitude of potential uses. The upper floor features two spacious open rooms and two bathrooms, providing ample room for offices, classrooms, or other flexible spaces. The lower level includes a functional kitchenette area and additional square footage, perfect for storage, workshops, or expansion. The property is being sold "as-is," allowing for creative renovation and customization to suit the buyer's specific needs. With its generous size, central location, and versatile design, this property is an ideal choice for entrepreneurs, investors, or anyone seeking a unique commercial space with significant potential. The expansive lot offers ample parking and outdoor space, further enhancing its appeal. Don't miss this chance to acquire a substantial property in a thriving area. Schedule a viewing to explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Year built 1940
Total area 3,350 SF
Lot 0.63 ac (27,443 SF)
UPID US63-3172301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Radio Station Telecommunications Service

Location

1302 Fisher Ave Cortlandville, NY 13045
Cortlandville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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