Conventional Restaurant

Cortland, NY Conventional Restaurants for Sale

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Harford, NY Marathon, NY Dryden, NY Groton, NY Freeville, NY Homer, NY Mcgraw, NY Cincinnatus, NY
Restaurant-Ready Building with Central Air
Updated: Jan 2, 2024
Restaurant-Ready Building with Central Air

219 1/2 Tompkins Street, Cortland, NY 13045

$385,000
3,378 sqft 0.73 AC lot
Zoned COM1 in the City of Cortland
0.73‑acre lot and 3,378 SF building
Central A/C plus radiant floor heat in the banquet room
Roof installed in 2022
Operable restrooms and handicap accessibility described as up to code
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cortland, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Property with Outdoor Seating
Restaurant Property with Outdoor Seating

202 E Falls Street, Ithaca, NY 14850

$595,000
2,214 sqft

Restaurant property in R2 zoning with a fully equipped commercial kitchen, bar area, and multiple outdoor seating areas.

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Restaurant Property with Patio
Restaurant Property with Patio

4423 STATE ST RD, Skaneateles, NY 13152

Contact for pricing
2,655 sqft

Established restaurant setting with two kitchens, multiple dining rooms, outdoor seating, and an upstairs living area.

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Mixed-Use Property with Lake Views
Mixed-Use Property with Lake Views

1715 E Lake Road, Skaneateles, NY 13152

$399,999

The property offers lake views throughout and requires a complete renovation for its next use.

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Fully Leased Mixed-Use Building
Fully Leased Mixed-Use Building

124 W State St, Ithaca, NY 14850

Contact for pricing
3,294 sqft

Three-story mixed-use building offering retail, office, and apartment space with current restaurant, beauty salon, and residential tenants.

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Cortland, NY Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Cortland, NY on our real estate platform. These investment opportunities span a total of 3,378 square feet of properties for sale, with an estimated market value of $385,000.

Sale prices for conventional restaurants in Cortland, NY average $385,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Coffee shops 1

Demographics Overview

Population 28K
Population Growth (5Y) -2.9%
Median Household Income $67,028
College Educated 44.5%

High-Yield Neighborhoods for Investment

Identify Cortland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
13045 $385K

Taxes & Financing

Tax Rate (average for all types) 2.42%
Property Tax per SF $45.67 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cortland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cortland County

Retail

Office

Residential Income

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