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Historic Restaurant With Patio
For Sale
$549,000

120 Main Street, Cherry Valley, NY 13320

Renovated dining property with an equipped kitchen, dedicated bar, and seasonal outdoor seating.

Property Size5,048 SF
Lot Size4.25 Acres
Price / SF$108.76
Days on Market233

Property Features for 120 Main Street

General Information

Standard status Active
Size 5,048 SF
Total Parking Spaces 50
Lot size 4.25 Acres
Property subtype Commercial
Zoning Com 1, Commercial

Property Condition

Severity Major Repairs Needed
Evidence needs restoration/renovation in order to operate

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $14,537

Building Details

Building Size 5,048 SF
Year Built 1900
Buildings 2
Stories 2
Abandoned No
Listing Agency: Cooperstown Brokers, LLC
Listed By: Sarah Stewart
Source: Northstarwny
Added: Jan 8 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cooperstown Brokers, LLC

Investment Insights

Based on property information with market context.

The property includes a renovated restaurant facility with a fully equipped kitchen, dining room, dedicated bar area, and outdoor patio seating. The tavern building contains 5,048 square feet and accommodates 129 restaurant seats, 34 bar seats, and 32 patio seats during warmer months. Built around 1900 on the site of an earlier tavern, the structure retains Colonial Revival character.

A separate, freestanding federal-style inn building adds approximately 2,400 square feet across two stories. That building requires restoration or renovation before operation. The property occupies 4.25 acres at 120 Main Street in Cherry Valley, with access to scenic Route 20 and proximity to Cooperstown attractions including the Baseball Hall of Fame and Glimmerglass Opera.

Key Highlights

  • 5,048‑square‑foot tavern building on a 4.25‑acre lot
  • 129‑seat restaurant with an additional 34‑seat bar
  • Outdoor patio seating for 32 during warm months

Property Analytics

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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated dining property with an equipped kitchen, dedicated bar, and seasonal outdoor seating.
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‑square‑foot tavern building on a 4.25‑acre lot; 129‑seat restaurant with an additional 34‑seat bar; Outdoor patio seating for 32 during warm months
More about this property
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