The median home value in Cortland, NY is $167,950.
This is
higher than
the county median home value of $140,000.
The national median home value is $308,980.
The average price of homes sold in Cortland, NY is $167,950.
Approximately 40% of Cortland homes are owned,
compared to 51% rented, while
9% are vacant.
Cortland real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cortland real estate agent to arrange a tour today!
Learn more about Cortland.
Own a piece of history, former train station waiting for the savvy investor to breathe new life back into this unique property. Potential uses would be warehouse, residential housing, office space, even retail. Bring your imagination.
Situated in a prime location close to Interstate 81 and downtown Cortland, this 2,080 square foot commercial property presents an exceptional opportunity for your business. Boasting three well-appointed offices, two bathrooms, a boardroom or reception area, and a kitchenette, this versatile space is designed to cater to your professional needs. The spacious storage room with an overhead door and the 12'x24' shed with electric provide ample storage and utility, ensuring your operations run seamlessly. Meticulously maintained and conveniently located, this property is the ideal choice for businesses seeking a strategic position with easy access to major transportation routes and the vibrant downtown area. Don't miss your chance to establish your company in this prime commercial setting.
Prime commercial property located at the intersection of Main and Union Streets in the Cortland City central business district. It offers four fully rented commercial locations and two rented 2-bedroom apartments. Commercial spaces and monthly rents are: 3,500 s/f convenience store ($1,350), 800 s/f corner location shop ($750), 800 s/f Union Street side location hair salon with full kitchen, full bathroom, and laundry room ($525), and 800 s/f heated warehouse space with 9 x 10 overhead door ($300). Apartments rent for $650 / month each. Gross monthly rental income is $4,225 / month. Major annual expenses include $6,832 for property taxes, $1,200 for water and sewer, and $1,800 for insurance. Each location pays for its own gas and electricity. Fully renovated 11 years ago: New roof, vinyl siding, 600-amp electric service, and hot water heaters. The convenience store offers a 10-door, walk-in, display cooler and a new heating system with central air conditioning. Plenty of paved onsite parking in front of the building. High ceiling basement with easy access to all mechanicals.
Commercial Corner Lot!! Great location in a high traffic area. About 1 mile from 81 on ramp in Homer. Currently utilized as an automotive repair shop but possibilities are endless.
Looking for a Historical turnkey business? Palm Gardens is for you. This building was once the home of one of the first fire stations in Cortland over 100 years ago. This historical building hosts a Bar/Tavern with dining area, beautiful bar, kitchen with ansil system and exhaust. New rubber roof within the last 5 years, central air added, new flooring, updated electric, new furnace and some updates in the apartments. Second floor has 2 2-3 bedroom apartments, third floor has 2 2 bedroom apartments, The forth floor has full attic, there is also sprinkler system. The rentals units are each $650/month plus utilities. Make your appt. today!
What an Opportunity at an Unbelievable Price! This fantastic office building situated in a professional development can serve multiple purposes. In a high visibility area, on a well-traveled road, the building currently features a nice entry with a reception area, 14 private offices, 2 conference rooms, storage areas, and a kitchen. Seller will consider owner financing or lease options. This is a perfect new location for your business and a rare find!
PRIME Location! Building designed in 1974 by architect, Conrad Arnold, as an office building for his design business. Shortly thereafter it became a local landmark as the home of The Red Dragon restaurant. Building is a perfect setup for a future restaurant, but could be any commercial enterprise and is just a stone throw away from SUNY Cortland. Open floor plan, new roof installed in 2022, Central A/C, radiant floor heat in the banquet room, working fireplace, operable restrooms and handicap accessibility all up to code. Sale can include the (optional) 4 bedroom, 1.5 bath single family home next door to the building on the corner at 221 Tompkins Street (96.31-01-16.000) for an additional $150,000.00. Fantastic opportunity to live next to your business or a possible student rental unit- large commercially zoned swath of land in the City of Cortland with many possibilities!
Investment package within short distance to Interstate 81 and SUNY Cortland campus. Nine residential apartments, one business office, and an established grocery store. All units are currently leased, providing an impressive cap rate. Please inquire for detailed income information.
ONLY THE BUILDING IS FOR SALE. NO INVENTORY IS INCLUDED. BUILDING ONLY. OVER 9,000 SQUATE FEET OF SPACE. POTENTIAL USES ARE MANY. ZONING IS GB, WHICH ALLOWS FOR MANY BUSINESS USES. GENERAL CONTRACTOR, WHOLESALER, PLUMBING OR ELECTRIC DISTRIBUTER, LUMBER OR MASONERY, TOOL SELLER, EQUIPMENT SELLER, MANY OPTIONS. INTERESTED PARTIES MUST MAKE APPOINT THROUGH BOB FERRIS AT FERRIS REAL ESTATE. @607-423-6723. PLEASE HONOR THIS REQUEST. DO NOT WALK IN DURING BUSINESS HOURS AND ASK TO LOOK. GOOD ZONING, LARGE BLACK TOP PARKING AREA, HUGE SHOW ROOM/COUNTER AREA, OFFICE AREA,STORAGE AREA FOR LARGE BUILDING MATERIAL STORAGE. SURVEY MAP IN ATTACHMENTS. LOTS OF PHOTOS. DIRECTIONS: FROM PORT WATSON STREET, TURN AT THE HUGE WALGREENS DRUG STORE ON TO POMEROY STREET. PROPERTY IS DIRECTLY BEHIND WALGREENS.