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Renovated Restaurant With Bar
For Sale
$549,000

120 Main Street, Cherry Valley, NY 13320

Business Opportunity, Cherry Valley, NY

Property Size5,048 SF
Lot Size4.25 Acres
Price / SF$108.76
Days on Market247

Property Features for 120 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Patio and Porch features Deck, Patio
High school district CHERRY VALLEY-SPRINGFIELD CENTRAL SCHOOL DISTRICT
Directions From the south: RT 166 to traffic light in the village, right at the light, then approximately .5 miles up Main Street on the right.
Standard status Active
Lot size 4.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14537

Utilities

Sewer type Septic Tank
Heating system Hot Water(Heating), Baseboard, Oil, Coal
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Linoleum, Hardwood, Carpet
Building materials Wood Siding
Roof type Asphalt
Listing Agency: COOPERSTOWN BROKERS LLC
Listed By: Michelle Barry
Added: Jan 10 Changed: Sep 12 Last Checked: Sep 14 at 8:06AM
MLS# 11628779

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The primary tavern building combines a 129-seat restaurant with the 34-seat Back Door Bar, outdoor patio seating for 32, and a fully equipped commercial kitchen. Built in 1900, the building includes 5,048 square feet and features wood siding, hardwood, carpet, and linoleum flooring, along with baseboard, coal, oil, and hot-water heating.

Set at 120 Main Street in Cherry Valley, the property occupies 4.25 acres and includes public water and a septic tank. A separate federal-style Inn building, dating to circa 1800, adds 2,400 square feet across two stories and requires restoration or renovation before use. The site also includes patio and deck areas, with asphalt roofing across the improvements.

Key Highlights

  • 5,048 sq ft tavern building on a 4.25‑acre lot
  • 129‑seat restaurant with a fully equipped commercial kitchen
  • 34‑seat Back Door Bar included in the primary building

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Computer & Electronic Repair Barber Shop Florist Auto Repair Shop Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13320, NY

2,068
Population
1,039
Households
2
Avg Household Size
48
Median Age
36%
College-Educated
93%
High-School Grad
79.0 sq mi
ZIP Area
26
Density / Sq Mi
$80,956
Median Household Income
$37,386
Median Earnings
$805
Median Rent
$191,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating food-and-beverage property with indoor, patio, and deck areas in Cherry Valley.
Where is this conventional restaurant located?
The property is located at 120 Main Street Cherry Valley, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 5,048 sq ft tavern building on a 4.25‑acre lot; 129‑seat restaurant with a fully equipped commercial kitchen; 34‑seat Back Door Bar included in the primary building
More about this property
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