180 Main St Cortland, NY 13045

This exceptional mixed-use property, located at 180 Main Street in Cortland, NY, presents a lucrative investment opportunity. Situated at the intersection of Main and Union Streets in the city's central business district, this 7,599 square foot building boasts a prime location with excellent visibility. The property comprises a thriving convenience store and five additional fully rented commercial spaces, generating substantial rental income. In addition, two 2-bedroom apartments provide further revenue streams. Each commercial unit is independently metered for gas and electricity, simplifying management and cost allocation. Undergoing a complete renovation 11 years ago, the building features a new roof, vinyl siding, upgraded 600-amp electrical service, and new hot water heaters. The convenience store itself is equipped with a modern 10-door walk-in display cooler and a new heating and central air conditioning system. Ample paved parking is available directly in front of the building. Built in 1930, this two-story building sits on a 0.22-acre lot and consists of seven total units. The asking price is $389,500, representing a price per square foot of $51.26. This property offers a rare blend of established income and significant upside potential in a desirable Cortland location. The property's strong tenant base and recent renovations ensure a stable and profitable investment.