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1120-1122 State Route 222
Cortland, NY 13045
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ±53,372 SF former Valu Home Center store situated on ±4.4 acres
- Located near many major retailers and businesses including: Walgreens, Family Dollar, Burger King, WellNow Urgent Care, Harbor Freight.
- Ability to subdivide into multiple storefronts, ±190 parking spaces on-site, Clear height: ±15 ft
- Well positioned just off nearby heavily trafficked main arterial NYS Route 281
- In close proximity to State University of New York (SUNY) Cortland
- Building is fully sprinklered
EXECUTIVE SUMMARY
53,372+/- SF former Valu Home Center situated on 4.4+/- acres. Located just off Cortland's major commercial corridor. Located near many major retailers; medical offices; restaurants and banks. In proximity to SUNY Cortland. Public gas, electric and water and sewer. Fully sprinklered. Flexibility to subdivide into multiple storefronts.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
44,421 SF
Building Class
C
Year Built/Renovated
1963/1995
Price
$2,000,000
Price Per SF
$45.02
Percent Leased
69%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
5.00 AC
Zoning
05 - Commercial
Parking
250 Spaces (56.28 Spaces per 1,000 SF Leased)
Frontage
701’ on Rt-222 Rd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 112289-086-013-0001-058-100-0000 | Improvements Assessment | $1,256,000 |
| Land Assessment | $520,000 | Total Assessment | $1,776,000 |
PROPERTY TAXES
Parcel Number
112289-086-013-0001-058-100-0000
Land Assessment
$520,000
Improvements Assessment
$1,256,000
Total Assessment
$1,776,000
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