54 main, Cortland, NY 13045
sale
$749,900
|
Other
Courtesy Of Michael DeRosa Exchange, LLC
Investment opportunity knocks! Turnkey commercial building in prime downtown location in Cortland, NY. Home to SUNY Cortland State. Sale includes updated 6500 square foot commercial building, established deli business of eighteen years and three spacious apartments. Building has been meticulously maintained and is in excellent repair . No deferred maintenance here for years equating to increased profit margins for new owner. Established cash flowing deli with 150k plus net revenue per year without apartment income. Potential for over 200k revenue with market rents on the apartments. Financials and tax returns available for qualified buyer. With the high volatility of the stock market and bank interest at zero this is a strong investment opportunity.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Floors: 3.0
- Heating Fuel: Natural Gas
- Heating System: Forced Air
- MLSID: S1350947
- Parking Spaces: 0
- Roof Type: Membrane
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