120 Main ST Cherry Valley, NY 13320
5,048 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 5,048 sqft
Price per Sqft $108
MLS Listing ID R1656875
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $14,537
Lot Size 4.250 Acres
Acres 4.25
Lot Dimensions 403X487
Property Sub-Type Business
Property Description
While historically operating as a tavern, you may have a vision for a brew pub, with loads of parking and indoor and outdoor space for entertainment. Cherry Valley is a community of very involved residents, artists, musicians, teachers, tradespeople and business owners. With an eclectic population and beautiful farming countryside, Cherry Valley is a peaceful town to live and work.
Investment Highlights
• Turn-Key Business: 129 seat restaurant, plus the lively 34-seat Back Door Bar and the outdoor patio seating for 32 in the warm months.
• Large sparkling kitchen is fully equipped, bright and completely up to date.
• The current structure, built around 1900 on the site of the original 1780s tavern, is steeped in local history and Colonial Revival charm, attracting history buffs and patrons seeking an authentic upstate experience.
• Strategically located on Main Street in the heart of historic Cherry Valley, an area famous for its proximity to Cooperstown (Baseball Hall of Fame, Glimmerglass Opera) and stunning upstate scenery.
• Significant Real Estate totaling 5,048 sq ft in the tavern building alone, on a generous 4.25-acre lot, offering ample space and expansion potential. The additional circa 1800 federal style “Inn” building measures an additional 2400 sq ft over two stories. The “Inn” building is freestanding and separate from the turnkey tavern establishment and needs restoration/renovation in order to operate.
This is your chance to own a piece of New York state history and step into a successful, cash-flowing business. The Tryon Inn is the definitive social anchor of Cherry Valley, poised for continued success under new ownership. Maintain the beloved local tradition or evolve the concept—the groundwork is laid for your triumph.
Location
State NY
County Otsego
Area Cherry Valley-Village-362401
Zoning Com 1
Direction From the south: RT 166 to traffic light in the village, right at the light, then approximately .5 miles up Main Street on the right.
Rooms
Basement Full
Interior
Heating Oil, Other, See Remarks, Zoned, Baseboard, Hot Water
Cooling Other, See Remarks, Zoned, Central Air
Flooring Carpet, Hardwood, Linoleum, Other, See Remarks, Varies, Vinyl
Inclusions Land, Building and Business
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Water Available
Roof Type Asphalt,Metal,Pitched,Shingle
Handicap Access Accessibility Features, Low Threshold Shower
Total Parking Spaces 50
Building
Lot Description Irregular Lot
Building Description Frame,Wood Siding, Janitorial Service,Office,Phone System,Public Restrooms,Shelving
Story 2
Sewer Septic Tank
Level or Stories Two
Structure Type Frame,Wood Siding
Construction Status Existing
Schools
School District Cherry Valley-Springfield
Others
Tax ID 58.14-2-37.00
Security Features Intercom
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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