38 Main Street

38 Main Street, Cortland, NY 13045

Property Information

  • For Sale $595,000
  • Property Type Retail
  • Property Size 7,410 SF
  • Year Built 1956
  • Date Updated Jun 23, 2026

Description

7,410± SF mixed used building situated in the heart of

Downtown Cortland across from Central Ave

• Ground level retail / office/service space currently

occupied by State Farm Insurance

• Upper two floors are vacant and gutted, ready for

conversion to multiple apartment units

• Surrounded by several successful local retailers and

restaurants included Community Restaurant (95+ tears)

and Harry Tony’s (~20 years)

• In 2017, Cortland was awarded $10 million in DRI

funding transforming downtown; improvements include

making downtown more pedestrian friendly, improving

traffic safety and access to business and modernizing

aging infrastructure

• In 2025 Main Street returned to two-way traffic after

being a one-way for more than 50 years; national trends

have shown two-way traffic increases foot traffic and

supports downtown retail and dining

• Property is located approximately 0.5 miles from SUNY

Cortland campus (2025 enrollment 6,981 student)

Traffic Counts

Main Street 6,335 AADT

Central Ave 1,597 AADT

Tompkins Street (Rt. 13) 15,710 AADT

Contacts

Location

Contact Listing Broker
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