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Property profile & analytics
OFF-MARKET
Retail space

211 Main St Cortland, OH 44410-1488

3,840 SF 0.55 ac lot Built 1941
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-2606352
Property summary
AI-generated overview

This exceptional mixed-use property, located at 211 W Main Street W Unit 211-211A in the heart of downtown Cortland, Ohio, presents a compelling investment opportunity. Situated on a 0.07-acre lot at the corner of West Main Street and South Bank Street, this building offers 3,840 square feet of space. The first floor, zoned S-1 Service District, comprises approximately 1,638 square feet of vacant commercial/retail space, providing immediate potential for lease income. The second floor features two residential apartments: a one-bedroom, one-bathroom unit currently renting for $425 per month, and a two-bedroom, one-bathroom unit renting for $495 per month. The first floor has one bathroom. Access to the first floor is via a front entrance on West Main Street and a rear entrance/exit leading to a gravel parking lot accessible from South Bank Street. Tenants utilize the rear parking lot. The apartments are accessed via a rear walk-up stairwell. Tenants are responsible for their own baseboard electric costs. The condition of the roof is unknown. Note that any income or expense projections are unconfirmed. This property offers a unique blend of commercial and residential income streams in a desirable downtown location. The vacant commercial space presents a chance to customize and lease to a tenant that complements the existing residential occupancy. This is an excellent opportunity for an investor seeking a property with immediate income and significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Total area 3,840 SF
Lot 0.55 ac (24,019 SF)
APN 34-101596
UPID US66-2606352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Baldwin Investment Group LLC · 1 yrs held
Baldwin Investment Group LLC
since 2025
Last sale
$60,125
2 recorded transactions
2025
$60,125
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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