64 Main StCortland, NY 13045
- Mixed-use properties
- 32,988 SF
Property Details for 64 Main St
- Year built
- 1979
- Lot size
- 0.48 AC
- Property size (Sq ft)
- 32,988 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 110200 86.58-03-13.000
- APU
- 11020086580313000
Description
This exceptional retail property at 64 North Main Street in Cortland, New York, offers 5,433 square feet of completely vacant space, ideal for a single tenant or multiple tenants. The property is a free-standing building within a strip center configuration, situated on a 0.46-acre lot. The building provides flexible layouts with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 4,233 square feet, allowing for customization to suit various business needs. The property boasts 28 on-site parking spaces, ensuring convenient access for customers and employees. Its prime location on North Main Street in Cortland, NY (zip code 13045) offers high visibility and significant foot traffic, creating an excellent opportunity for businesses seeking high exposure. The well-maintained building presents a modern and inviting exterior, creating a positive first impression for potential customers. This is a rare opportunity to establish or expand your business in a thriving retail environment. The property is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,605,492
- 6.5%
- $6,097,377
- 7%
- $5,661,850
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,671,272
- Geo Method
- $6,680,828
-
Alternative Use
- Use
- Valuation
- Residential
- $6,097,377
- Hospitality
- $5,585,164
- Educational
- $4,646,792
- Medical
- $4,806,602
- Retail
- $7,228,342
Location Insight
- City
- Cortland
- County
- Cortland
- State
- New York
- Latitude
- 42.5991
- Longitude
- -76.1811
- CBSA code
- 18660
- CBSA name
- CORTLAND, NY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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