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110 W South St 8,120 SF Retail Building Groton, NY 13073 $750,000 ($92.36/SF)



Investment Highlights
- Over 8,100 square feet of versatile space
- Commercial 1 (COM-1) zoning district
- Dedicated loading area
- Situated on approximately 1.21 acres
- Expansive open floor plan
- Convenient access to Ithaca and Cortland markets
Executive Summary
Rare opportunity to acquire a highly visible former Dollar General location in the heart of Groton. Situated on approximately 1.21 acres and offering over 8,100 square feet of versatile commercial space, this vacant property presents exceptional potential for retail, medical, office, warehouse, distribution, community service, fitness, or redevelopment uses.
Located within the Commercial 1 (COM-1) zoning district, the property features an expansive open floor plan, over 20 on-site parking spaces, a dedicated loading area, and excellent accessibility for customers, employees, and deliveries. The building's former use as a national retail store provides a functional layout that can be readily adapted to a variety of business operations.
Strategically positioned along a well-traveled corridor, the property serves the surrounding Groton community while benefiting from convenient access to Ithaca, Cortland, and other major Central New York markets. The large parcel provides ample room for parking, outdoor storage, site improvements, or future expansion, making it attractive to both owner-users and investors seeking value-add opportunities.
Located within the Commercial 1 (COM-1) zoning district, the property features an expansive open floor plan, over 20 on-site parking spaces, a dedicated loading area, and excellent accessibility for customers, employees, and deliveries. The building's former use as a national retail store provides a functional layout that can be readily adapted to a variety of business operations.
Strategically positioned along a well-traveled corridor, the property serves the surrounding Groton community while benefiting from convenient access to Ithaca, Cortland, and other major Central New York markets. The large parcel provides ample room for parking, outdoor storage, site improvements, or future expansion, making it attractive to both owner-users and investors seeking value-add opportunities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,120 SF
Building Class
C
Year Built
1975
Price
$750,000
Price Per SF
$92.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.29 AC
Zoning
COM-1 - COM-1
Parking
35 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
111’ on W South St
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 502801-007-000-0002-024-000-0000 | Improvements Assessment | $600,800 |
| Land Assessment | $24,200 | Total Assessment | $625,000 |
Property Taxes
Parcel Number
502801-007-000-0002-024-000-0000
Land Assessment
$24,200
Improvements Assessment
$600,800
Total Assessment
$625,000
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110 W South St
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