219 Tompkins St Cortland, NY 13045

This exceptional commercial property, located at 219 1/2 Tompkins Street in Cortland, New York, presents a remarkable investment opportunity. The 3,378 square foot building, constructed in 1974, sits on a 0.73-acre lot and is zoned COM for commercial use, making it ideally suited for a variety of businesses, particularly restaurants. Its prime location near SUNY Cortland ensures high visibility and foot traffic. The building boasts an open floor plan, a new roof installed in 2022, central air conditioning, radiant floor heat in the banquet room, a working fireplace, and accessible restrooms compliant with current codes. The property's history as the home of The Red Dragon restaurant further enhances its appeal. The spacious layout offers ample room for customer seating, display areas, and potential for outdoor dining or storefront displays. Its proximity to other retail and dining establishments creates a synergistic environment. This owner-user investment opportunity is perfect for an entrepreneur seeking a well-established location or an investor looking for a strong return. The property is currently vacant, allowing for complete customization to suit specific business needs. An optional adjacent 4-bedroom, 1.5-bathroom single-family home at 221 Tompkins Street is available for an additional $150,000. This presents a unique chance to live next to your business or utilize the home as a rental property. This large commercially zoned parcel offers significant potential for various commercial ventures.