Rare opportunity to acquire a highly visible former Dollar General location in the heart of Groton. Situated on approximately 1.29 acres and offering over 8,100 square feet of versatile commercial space, this vacant property presents exceptional potential for retail, medical, office, warehouse, distribution, community service, fitness, or redevelopment uses. Located within the Commercial 1 (COM-1) zoning district, the property features an expansive open floor plan, over 20 on-site parking spaces, a dedicated loading area, and excellent accessibility for customers, employees, and deliveries. The building's former use as a national retail store provides a functional layout that can be readily adapted to a variety of business operations. Strategically positioned along a well-traveled corridor, the property serves the surrounding Groton community while benefiting from convenient access to Ithaca, Cortland, and other major Central New York markets. The large parcel provides ample room for parking, outdoor storage, site improvements, or future expansion, making it attractive to both owner-users and investors seeking value-add opportunities. Whether you're an entrepreneur seeking a flagship location, an investor pursuing a repositioning project, or a company looking to establish a presence in a growing market, 110 W South Street offers the size, visibility, flexibility, and zoning to bring your vision to reality. Vacant commercial buildings of this scale and versatility rarely become available in Groton. Bring your business, investment strategy, or redevelopment plans and unlock the full potential of this prominent commercial property.
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
ity to acquire a well-established chain of three highly successful ice cream shops with strong, consistent sales and excellent brand recognition. Two locations are uniquely housed in beautifully renovated railroad cabooses—creating a memorable, destination-style experience—while the third is a popular free-standing stand. The portfolio includes: Ice Cream Caboose – Groton (renovated caboose; land and building convey) Frosty Caboose – Cortland (renovated caboose; land and building convey) Frosty Cow (free-standing stand on leased land) Each location is well equipped with numerous newer pieces of ice cream and service equipment, allowing for efficient operations and immediate continuity for a new owner. The Cortland location is further enhanced by a large storage barn, while additional storage is provided by a storage trailer in Groton and a storage shed at the Dryden-area location, offering excellent capacity for inventory, supplies, and seasonal needs. This is a true turn-key operation with a proven track record, strong financial performance, and significant upside potential through continued branding, expanded hours, or menu growth. The business is being offered for sale solely due to the owners’ retirement, not performance. To ensure a smooth transition, the owners are willing to remain on after closing to train the new buyer. Complete financials are available to qualified buyers with a signed confidentiality agreement. Ideal for an owner-operator or investor seeking a fun, profitable, and established business with real estate included in two prime locations. Also listed as MLS:S1660046

Groton is located in New York. Groton, New York has a population of 5,808. Groton is more family-centric than the surrounding county with 35.02% of the households containing married families with children. The county average for households married with children is 26.46%.
The median household income in Groton, New York is $60,871. The median household income for the surrounding county is $64,260 compared to the national median of $69,021. The median age of people living in Groton is 39.9 years.
The average high temperature in July is 78.4 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 40 inches per year, with 74.1 inches of snow per year.