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107 Corona Ave 14,466 SF Industrial Building Groton, NY 13073 $465,000 ($32.14/SF)



Investment Highlights
- Building mix of light industrial; warehouse; office & flex space plus upstairs apartment
- Commercial zoning with all public services
- Within short drive of Ithaca & Cortland
- Upstairs spacious 2-bedroom apartment
- Municipality operates own electric plant resulting in lower cost electric
Executive Summary
Mixed-Use Commercial Two-Story Building - 14,466 SF - featuring combo of light industrial; warehouse and office space plus spacious upstairs 2-bedroom apartment. Ceiling heights in manufacturing / warehouse area 14-17'; 10' x 12' roll up door with lift; heat pump + A/C; and two electric services to include 3 PH 280. Past building uses have been for electronics manufacturing and robotics engineering / manufacturing.
Light industrial / warehouse space - 11,928+/- SF - features 14'-17' ceiling heights; 10' x 12' roll up door with lift; heat pump + A/C; and two electric services to include 3 PH 280
Light industrial / warehouse space - 11,928+/- SF - features 14'-17' ceiling heights; 10' x 12' roll up door with lift; heat pump + A/C; and two electric services to include 3 PH 280
Property Facts
| Price | $465,000 | Lot Size | 0.79 AC |
| Price Per SF | $32.14 | Rentable Building Area | 14,466 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1985 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Zoning | 3 - Industrial | ||
| Price | $465,000 |
| Price Per SF | $32.14 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.79 AC |
| Rentable Building Area | 14,466 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | 3 - Industrial |
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Property Taxes
| Parcel Number | 502801-010-000-0002-019-000-0000 | Improvements Assessment | $400,000 |
| Land Assessment | $25,000 | Total Assessment | $425,000 |
Property Taxes
Parcel Number
502801-010-000-0002-019-000-0000
Land Assessment
$25,000
Improvements Assessment
$400,000
Total Assessment
$425,000
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107 Corona Ave
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