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Yori House 114 Elm Street 3,395 SF 100% Leased Retail Building Cortland, NY 13045 $245,000 ($72.16/SF)
Investment Highlights
- 3,395 SF residence situated on a 0.08 -acre rectangular lot.
- Central Cortland location offering convenient access to community amenities.
- Distinctive property opportunity within Cortland County’s residential market.
- Built in 1900, blending historic character with modern potential.
- Rectangular lot shape with 42 ft frontage and 83 ft depth.
- A fully equipped restaurant, A 3-bedroom, 1.5-bath apartment, and A 1-bedroom, 1-bath apartment
Executive Summary
114 Elm Street offers a 3,395 SF mixed-use residence on a 0.08-acre rectangular lot, built in 1900.? This property blends historic character with a central location, providing convenient access to community amenities and regional connectivity.? The building includes a fully equipped restaurant that was operating until recently and remains in ready-to-open condition, a three-bedroom 1.5-bath apartment, and a one-bedroom 1-bath apartment.? Its proximity to Interstate 81 provides excellent visibility and accessibility, making it a strong opportunity for buyers seeking a distinctive property with both commercial and residential potential in Cortland County.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,395 SF
Building Class
C
Year Built
1900
Price
$245,000
Price Per SF
$72.16
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
05 - Commercial
Parking
3 Spaces (0.88 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 110200-086-052-0002-017-000-0000 | Improvements Assessment | $119,600 |
| Land Assessment | $20,400 | Total Assessment | $140,000 |
Property Taxes
Parcel Number
110200-086-052-0002-017-000-0000
Land Assessment
$20,400
Improvements Assessment
$119,600
Total Assessment
$140,000
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