Prime commercial property located at the corner of Main & Union Sts. in the Cortland City central business district. Four fully rented & 1 vacant commercial units & 2 rented 2-bedroom apartments. Commercial spaces & monthly rents are: 3,500 s/f convenience store ($1,100), 250 s/f smoke shop ($300), 800 s/f vacant shop ($700), 800 s/f hair salon ($500) & 800 s/f heated warehouse with 9' x 10' overhead door ($300). Apartments rent for $600 / month each. Gross monthly rental income is $4,100 / month. Major annual expenses include $6,832 for property taxes, $1,200 for water & sewer & $1,800 for insurance. Each unit pays for its own gas & electricity. Fully renovated 11 years ago: New roof, vinyl siding, 600-amp electric service & hot water heaters. The convenience store offers 10-door, walk-in, display cooler & new heating system with central air conditioning. Plenty of paved onsite parking in front of the building. High ceiling basement with easy access to all mechanicals.
408876
Commercial - Other
1930
Cortland
0.22
Acres
Public Water
Frame
Public Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Loading...
Loading...