555 Cortland Road, Groton, NY 13073 | MLS #S1685568 | HUNT Real Estate
 
  • 27 days on site
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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

Source: New York Alliance, MLS#: S1685568

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  • Property Type
    Commercial Sale
  • Lot
    4.37 acres

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  • Median Age
    37
  • Population Density
    122
  • College Educated
    41%
  • Estimated Median Income
    $60,662
  • Estimated Total Home Owners
    2,041
  • Estimated Total Renters
    641
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    2
  • Total Population
    6,729
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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