Restaurant-Ready Commercial Building

219 1/2 Tompkins Street Cortland, NY 13045

Claim this Listing
Pending
$385,000

COMMERCIAL - Cortland, NY

Property size:
3,378 SF
Lot size:
0.73 Acres
Added:
Jan 2, 2024
Days on Market:
922
Last Refresh:
Jul 12 at 9:06 am

Property Features for 219 1/2 Tompkins Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COM1
Parking
20
Standard status
Pending
APN
110200-096-031-0001-017-000-0000
Size
3,378 SF
Lot size
0.73 Acres

Taxes and HOA fees

Tax Annual Amount
9727

Utilities

Heating system
Forced Air, Natural Gas, Radiant
Cooling system
Central Air
Water source
Public

Building Details

Year built
1974
Floors in Building
1
Number of units
1
Building materials
Brick, Frame
Roof type
Asphalt

Listing agent Jeffrey Guida License #10301218984

Listing office Yaman Real Estate 185 Clinton Ave., Cortland, NY

Listing date Jan 2, 2024

MLS# S1515145

Copyright © 2026 New York State Alliance of MLSs, LLC. 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.

Built in 1974 for an office/design business, this commercial building has an open floor plan and was most recently operated as The Red Dragon restaurant. Updates and features include a new roof installed in 2022, central A/C, radiant floor heat in the banquet room, a working fireplace, and operable restrooms with handicap accessibility up to code.

Located in Cortland, the property is described as just a short distance from SUNY Cortland. It sits on a 0.73-acre lot and is available for sale. The City of Cortland zoning is COM1.

The layout supports restaurant use, with elements that also translate well to other commercial enterprises needing an open interior and code-compliant restrooms. Owner-financing is noted as available. An optional purchase is offered for a nearby 4-bedroom, 1.5-bath single-family home on the corner next door at 221 Tompkins Street (parcel noted in the remarks), which could support owner-occupancy or an additional rental unit alongside the commercial building.

Key Highlights

  • PRIME Location near SUNY Cortland, ideal for commercial ventures.
  • Suitable for restaurant use (former home of 'The Red Dragon').
  • Owner‑financing available.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Bakery Storage Facility Home Appliance Store Hair Salon Nail Salon Restaurant Spa & Massage Center Restaurant Bed & Breakfast Coworking & Hybrid Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Restaurant - Open-plan commercial building with central A/C, radiant heated banquet room, and handicap-accessible restrooms.
Where is this restaurant located?
The property is located at 219 1/2 Tompkins Street Cortland, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: PRIME Location near SUNY Cortland, ideal for commercial ventures.; Suitable for restaurant use (former home of 'The Red Dragon').; Owner‑financing available.
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