45 Port Watson St Cortland, NY 13045
- Investment properties
- 1,964 SF
- 0.19 lot acres
Current Use by Public Records
- Investment properties
Property Details for 45 Port Watson St
- Year built
- 1985
- Lot size
- 0.19 lot acres
- Property size
- 1,964 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 110200 86.66-02-12.000
- APU
- 11020086660212000
Description
This exceptional 3,460 square foot commercial building is situated on a 0.19-acre lot at a high-traffic intersection in Cortland, NY, at 45 Port Watson St. The property, previously home to Queen Subs, has undergone significant renovations since 2022, including complete overhauls of the heating, roof, electrical systems, and flooring. These updates have modernized the space, making it ideal for a variety of uses, including office space or a takeout restaurant. The building's flexible configuration features two separate units, presenting opportunities for multiple tenants or a single owner seeking diverse income streams. The prominent location ensures excellent visibility and accessibility, further enhanced by a newly constructed parking lot and improved entryway. This landmark property offers significant potential for a variety of businesses. For an additional cost, the sale includes all existing business equipment, rights to the Queen Subs brand name, signage, and a vanity phone number, providing a turnkey opportunity for a new owner to continue the established legacy or create a new venture. This is a rare chance to acquire a well-maintained, high-traffic commercial property in a desirable location. The asking price is $249,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cortland
- County
- Cortland
- State
- New York
- Longitude
- -76.178
- Latitude
- 42.5975
- CBSA code
- 18660
- CBSA name
- CORTLAND, NY MICROPOLITAN STATISTICAL AREA
