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2 Mclean-Cortland Elm Tree Inn McLean, NY 13102

For Sale
$344,900

7920 sq ft, 1.43 acres, Restaurant/Residential

Property size:
7,920 SF

Description

Added:
Feb 3, 2025
Days on Market:
309
This unique 7,920 square foot property in McLean, NY presents a rare opportunity to own a piece of history. The Elm Tree Inn, established in 1796, offers a blend of commercial and residential space, sitting on a spacious 1.43-acre lot. The commercial area, encompassing approximately 4,200 square feet, currently operates as a restaurant, complete with a full kitchen, prep kitchen, waitress station, and a large dining area featuring recently refinished floors. A full-service bar and a smaller adjacent lounge area provide additional space for patrons. Upstairs, a private meeting room/banquet hall offers versatile event space, complemented by two bathrooms. The residential component, exceeding 1,400 square feet, includes five bedrooms, a full bathroom, and a sizable office. This expansive living space provides comfortable accommodation within the property. The property's convenient location offers easy access to Ithaca, Greek Peak Ski Area, Hope Lodge, Cortland, the Finger Lakes Wine Trail, and numerous New York State Parks. This exceptional property is an ideal canvas for a buyer seeking a unique blend of commercial and residential potential. The well-maintained building and ample land offer significant possibilities for creative entrepreneurs and discerning investors.

Property Features for 2 Mclean-Cortland Elm Tree Inn

General Information

Property type
Other commercial real estate
Square Feet
7,920 SF
Lot Size
62,291 SF

Building Details

Year Built
1975

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
McLean
County
Tompkins
State
New York
Longitude
-76.2807
Latitude
42.5556

FAQs

What type of property is this?
Commercial real estate - 7920 sq ft, 1.43 acres, Restaurant/Residential
Where is this commercial real estate located?
The property is located at 2 Mclean-Cortland Elm Tree Inn McLean, NY.
What is the asking price?
The asking price for this property is $344,900.
More about this property
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