555 Cortland Road in Groton, New York, is an exceptional opportunity to own a well-maintained commercial property with established tenants and a successful operating business that will remain in place. This income-producing property offers immediate revenue potential and long-term investment value.
The property is being sold with existing leases that must be honored by the purchaser, providing continuity and stability for both tenants and ownership. The current business occupies a portion of the building and will remain fully operational after the sale, ensuring a seamless transition and continued occupancy.
Located between Ithaca and Cortland, this 8,736 SF steel-roof, steel-skin commercial building sits on 4.37 acres at the corner of Cortland Road and Lick Street, providing visibility, access, and functional flexibility in a low-congestion setting. Constructed in 2005, the building currently has two spaces available for lease or owner use, making it well-suited for sales, service, repair, fabrication, or light manufacturing uses. The site includes approximately 40 vehicle parking spaces at the front, along with a one-acre paved rear area that can be readily repurposed for contractor yard use, fleet parking, outdoor storage, equipment staging, or future expansion. This property is ideal for businesses that do not rely on walk-in retail traffic but instead prioritize space, efficiency, and accessibility. Target users include contractor and trade businesses (HVAC, plumbing, electrical, excavation), landscaping and tree service companies, small manufacturing or fabrication shops, outdoor power equipment or small-engine repair operations, powersports or recreational vehicle sales and service, and similar owner-operated enterprises. This is an opportunity to acquire a land-rich, functional commercial property in the Ithaca–Cortland corridor that supports hands-on operations, outdoor use, and long-term control of your facility.
Radiant floor heating
High Intensity District zone – town of Groton
The property is being sold with existing leases that must be honored by the purchaser, providing continuity and stability for both tenants and ownership. The current business occupies a portion of the building and will remain fully operational after the sale, ensuring a seamless transition and continued occupancy.
Located between Ithaca and Cortland, this 8,736 SF steel-roof, steel-skin commercial building sits on 4.37 acres at the corner of Cortland Road and Lick Street, providing visibility, access, and functional flexibility in a low-congestion setting. Constructed in 2005, the building currently has two spaces available for lease or owner use, making it well-suited for sales, service, repair, fabrication, or light manufacturing uses. The site includes approximately 40 vehicle parking spaces at the front, along with a one-acre paved rear area that can be readily repurposed for contractor yard use, fleet parking, outdoor storage, equipment staging, or future expansion. This property is ideal for businesses that do not rely on walk-in retail traffic but instead prioritize space, efficiency, and accessibility. Target users include contractor and trade businesses (HVAC, plumbing, electrical, excavation), landscaping and tree service companies, small manufacturing or fabrication shops, outdoor power equipment or small-engine repair operations, powersports or recreational vehicle sales and service, and similar owner-operated enterprises. This is an opportunity to acquire a land-rich, functional commercial property in the Ithaca–Cortland corridor that supports hands-on operations, outdoor use, and long-term control of your facility.
Radiant floor heating
High Intensity District zone – town of Groton
Property Details
Price:
$585,000
MLS #:
S1685568
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
grotonvillage502801
Listed Date:
Jun 1, 2026
Finished Sq Ft:
8,736
Total Sq Ft:
8,736
Lot Size:
190,357 sqft / 4.37 acres (approx)
Year Built:
2005
See this Listing
Schools
School District:
Groton
Interior
Flooring
Concrete
Heating
Gas, Hot Water, Radiant
Levels
One
Exterior
Accessibility Features
Accessible Full Bath, Accessible Entrance
Building Features
Private Restrooms
Construction Materials
Blown In Insulation, Foam Insulation, Metal Siding, Concrete
Lot Features
Rectangular, Rectangular Lot
Parking Features
On Site, Surfaced
Parking Spots
40
Parking Total
40
Roof
Metal
Stories
1
Financial
Taxes
$10,084
Map
Community
- Address555 Cortland Road Groton NY
- CityGroton
- CountyTompkins
- Zip Code13073
Subdivisions in Groton
Market Summary
Current real estate data for Commercial in Groton as of Jul 22, 2026
3
Commercial Listed
213
Avg DOM
87
Avg $ / SqFt
$534,967
Avg List Price
Property Summary
- 555 Cortland Road Groton NY is a Commercial for sale in Groton, NY, 13073. It is listed for $585,000
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Courtesy of Hartnett Realty Solutions. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 555 Cortland Road
Groton, NY