Restaurant Opportunity Near SUNY
For Sale
$385,000
Pending
219 Tompkins St, Cortland, NY 13045
Restaurant-ready building near SUNY Cortland with owner financing available.
Property SizeContact for details
Lot Size0.73 Acres
Days on Market768
Property Features for 219 Tompkins St
General Information
Standard status
Pending
Lot size
0.73 Acres
Taxes and HOA fees
Annual Taxes
$9,727
Listing Agency:
Yaman Real Estate
(315) 727-9917
Listed By:
Jeffrey Guida · License #10301218984
(315) 727-9917
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Jul 15 at 9:04PM
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 Yaman Real Estate
Investment Insights
Based on property information with market context.
This building, designed in 1974 by architect Conrad Arnold, is ideally suited for a restaurant or other commercial enterprise. Previously home to The Red Dragon restaurant, the property is located near SUNY Cortland. The building features an open floor plan, a new roof installed in 2022, central air conditioning, radiant floor heat in the banquet room, a working fireplace, and operable restrooms. Handicap accessibility is up to code. Owner financing is available. There is an option to purchase the adjacent 4-bedroom, 1.5-bath single-family home at 221 Tompkins Street, offering possibilities for living next to your business or student rental. This is a commercially zoned property in the City of Cortland.
Key Highlights
- PRIME Location near SUNY Cortland, suitable for various commercial enterprises.
- Owner‑financing available.
- Perfect setup for a future restaurant, building previously operated as a restaurant.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant-ready building near SUNY Cortland with owner financing available.
Where is this restaurant located?
The property is located at 219 Tompkins St 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, suitable for various commercial enterprises.; Owner‑financing available.; Perfect setup for a future restaurant, building previously operated as a restaurant.
