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Restaurant Building with Open Layout
For Sale
$385,000
Pending

219 1/2 Tompkins Street, Cortland, NY 13045

CommercialSale, Cortland, NY

Property Size3,378 SF
Lot Size0.73 Acres
Days on Market1007

Property Features for 219 1/2 Tompkins Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COM1
Zoning description Commercial
Parking 20
High school Cortland Junior-Senior High
Elementary school district Cortland
Middle school district Cortland
High school district Cortland
Directions On Tompkins Street across from The American Legion and kitty corner to SUNY Cortland- look for Yaman signs.
Subdivision Cortland-110200
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 Radiant, Forced Air, Natural Gas
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 Agency: Yaman Real Estate
Listed By: Jeffrey Guida · License #10301218984
Added: Jan 2, 2024 Changed: Sep 16 Last Checked: Oct 5 at 10:06AM
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.

This 3,378-square-foot restaurant property occupies a 0.73-acre site and features an open interior arrangement suited to food service or other commercial use. The brick-and-frame building was constructed in 1974 and includes central air, forced-air and natural-gas heating, radiant floor heat in the banquet room, a working fireplace, and operable restrooms with handicap accessibility. Public water serves the property, and the asphalt roof was replaced in 2022.

The property is located near SUNY Cortland in Cortland, NY, with COM1 zoning. An adjacent four-bedroom, 1.5-bath single-family home at 221 Tompkins Street is also available for optional purchase, offering an additional property component next to the commercial building.

Key Highlights

  • 3,378‑square‑foot building on 0.73 acres
  • Open interior layout with restaurant use potential
  • Asphalt roof replaced in 2022

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Electrical Service Bakery Hair Salon

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

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
Under-served
Demand for This Use

Demographics for 13045, NY

28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
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
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Similar Off Market Nearby

  • Cortland Buffet — 3656 NY-281, Cortland, NY 13045

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial building with adaptable interior space, updated roofing, central air, and accessible restrooms.
Where is this conventional 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: 3,378‑square‑foot building on 0.73 acres; Open interior layout with restaurant use potential; Asphalt roof replaced in 2022
More about this property
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