555 Cortland RD, Groton, NY 13073
555 Cortland RD, Groton, NY 13073
555 Cortland RD, Groton, NY 13073
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$ 585,000
Est. payment | /mo

8,736 SqFt


$ 585,000
Est. payment | /mo

8,736 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,736 sqft

Price per Sqft $66

MLS Listing ID S1685568

Construction Status Existing

HOA Y/N No

Year Built 2005

Annual Tax Amount $10,084

Lot Size 4.370 Acres

Acres 4.37

Lot Dimensions 460X396

Property Sub-Type Commercial

Property Description

555 Cortland Road in Groton, New York, is an exceptional opportunity to own a well-maintained commercial property with established tenants and a successful operating business that will remain in place. This income-producing property offers immediate revenue potential and long-term investment value.
The property is being sold with existing leases that must be honored by the purchaser, providing continuity and stability for both tenants and ownership. The current business occupies a portion of the building and will remain fully operational after the sale, ensuring a seamless transition and continued occupancy.
Located between Ithaca and Cortland, this 8,736 SF steel-roof, steel-skin commercial building sits on 4.37 acres at the corner of Cortland Road and Lick Street, providing visibility, access, and functional flexibility in a low-congestion setting. Constructed in 2005, the building currently has two spaces available for lease or owner use, making it well-suited for sales, service, repair, fabrication, or light manufacturing uses. The site includes approximately 40 vehicle parking spaces at the front, along with a one-acre paved rear area that can be readily repurposed for contractor yard use, fleet parking, outdoor storage, equipment staging, or future expansion. This property is ideal for businesses that do not rely on walk-in retail traffic but instead prioritize space, efficiency, and accessibility. Target users include contractor and trade businesses (HVAC, plumbing, electrical, excavation), landscaping and tree service companies, small manufacturing or fabrication shops, outdoor power equipment or small-engine repair operations, powersports or recreational vehicle sales and service, and similar owner-operated enterprises. This is an opportunity to acquire a land-rich, functional commercial property in the Ithaca–Cortland corridor that supports hands-on operations, outdoor use, and long-term control of your facility.

Radiant floor heating
High Intensity District zone - town of Groton

Location

State NY

County Tompkins

Area Groton-Village-502801

Rooms

Basement None

Interior

Heating Gas, Hot Water, Radiant

Flooring Concrete

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Electricity Available

Roof Type Metal

Handicap Access Accessible Full Bath, Accessible Entrance

Total Parking Spaces 40

Garage Yes

Building

Lot Description Rectangular, Rectangular Lot

Building Description Blown-In Insulation,Foam Insulation,Metal Siding,Concrete, Private Restrooms

Story 1

Sewer Septic Tank

Level or Stories One

Structure Type Blown-In Insulation,Foam Insulation,Metal Siding,Concrete

Construction Status Existing

Schools

School District Groton

Others

Tax ID 502801-308-000-0001-002-002-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1685568

Listed by Hartnett Realty Solutions 607.423.0089

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker | License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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555 Cortland RD