555 Cortland Rd, Groton, NY

House

For Sale

Listed price in listed location currency (USD).

$585,000

0040

MLS® S1685568

Overview

Key Facts

Type

Levels Commercial Sale

Size 8736 sqft

Garage Yes

Taxes $10,084

Days Active 2

Lot Size

Approx. Age 2005

Avg. Price Per Sqft $66

MLS® Number S1685568

Property Address: 555 Cortland Rd, Groton, NY, 13073-1176

Average square foot calculated using Size range provided by listing agent.

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

MLS® NumberS1685568

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age2005

BasementNone

DrivewayOn Site, Surfaced

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Map

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