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54 Main

Cortland, NY 13045
  • $749,900
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: S1350947
UPDATED: 49 min ago
$749,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,500
    SQFT
  • $115
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

School District:

Description

Investment opportunity knocks! Turnkey commercial building in prime downtown location in Cortland, NY. Home to SUNY Cortland State. Sale includes updated 6500 square foot commercial building, established deli business of eighteen years and three spacious apartments. Building has been meticulously maintained and is in excellent repair . No deferred maintenance here for years equating to increased profit margins for new owner. Established cash flowing deli with 150k plus net revenue per year without apartment income. Potential for over 200k revenue with market rents on the apartments. Financials and tax returns available for qualified buyer. With the high volatility of the stock market and bank interest at zero this is a strong investment opportunity.

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©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-11-30T18:14:35.643.
www.mytowncny.com/homes/119196886
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54 Main Cortland, NY 13045

  • Price: $749,900
  • Status: Active
  • On Site: 142 Days
  • Updated: 49 min ago
  • MLS #: S1350947
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,500
SQFT
$115
$/SQFT
1940
Built
Neighborhood:
Cortland-110200
County:
Cortland
Area:
Cortland-110200
School District:
Cortland
Property Description
Investment opportunity knocks! Turnkey commercial building in prime downtown location in Cortland, NY. Home to SUNY Cortland State. Sale includes updated 6500 square foot commercial building, established deli business of eighteen years and three spacious apartments. Building has been meticulously maintained and is in excellent repair . No deferred maintenance here for years equating to increased profit margins for new owner. Established cash flowing deli with 150k plus net revenue per year without apartment income. Potential for over 200k revenue with market rents on the apartments. Financials and tax returns available for qualified buyer. With the high volatility of the stock market and bank interest at zero this is a strong investment opportunity.
Exterior Features

Parking Total 0 Roof MembraneRubber Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating GasForced Air Heating YN Yes

Property Features

Documents Available InventoryProfit/Loss Statement Inclusions LandBuilding And Business Lease Considered YN No Listing Terms CashConventional Possession Close Of Escrow Special Listing Conditions Standard Tax Annual Amount 10386 Zoning Commercial Zoning Description Commercial

Listing information © 2021 CNYIS, GENRIS, WNYREIS. Listing courtesy of Anton Kowalski of Alliance Re Specialists.
©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-11-30T18:14:35.643.
 
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