219 1/2 Tompkins Street Cortland, NY $ 385,000
219 1/2 Tompkins Street
$ 385,000
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219 1/2 Tompkins Street

Cortland, NY, 13045
$ 385,000
Bedrooms-- Baths-- Sq 3,378

Monthly Estimate*

$ 2,402

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Commercial Property for sale in Cortland, NY

for $385,000. This 3,378 square foot building was built in 1974 on a lot size of 0.73.

OWNER-FINANCING AVAILABLE! PRIME Location! Building designed in 1974 by architect, Conrad Arnold, as an office building for his design business. Most recently, and more widely known, as the home of The Red Dragon restaurant. Building is a perfect setup for a future restaurant, but could be any commercial enterprise and is just a stone throw away from SUNY Cortland. Open floor plan, new roof installed in 2022, Central A/C, radiant floor heat in the banquet room, working fireplace, operable restrooms and handicap accessibility all up to code. Optional purchase of the 4 bedroom, 1.5 bath single family home next door to the building on the corner at 221 Tompkins Street (96.31-01-16.000). Fantastic opportunity to live next to your business or a possible student rental unit- large commercially zoned swath of land in the City of Cortland with many possibilities!

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 9,727

Style

Business

Lot Size

0.73

Year Built

1974

Town/City

Cortland

County/Region

Cortland

MLS | Web ID

S1515145

Features
General
Heating Gas ForcedAir Radiant
Cooling CentralAir
Utilities WaterConnected
Possession Closing
Roof Asphalt
Zoning COM1
Construction Materials Brick Frame
School District Cortland
Year Built 1974
Stories Count 1
Township Not Applicable
Levels One
Property Subtype Business
County Cortland
Property Type CommercialSale
Possible Use Restaurant
Building Features PublicRestrooms
Status Active
Directions On Tompkins Street across from The American Legion and kitty corner to SUNY Cortland- look for Yaman signs.
High School Cortland Junior-Senior High
City Cortland
High School District Cortland
Zoning Description Commercial
Number Of Units Total 1
MLS Area Cortland-110200
Lot Size Units Acres
Lot Size Square Feet 16700.0
Year Built Details Existing
Tax Annual Amount 9727.0
Middle/Junior High School Other - See Remarks
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1515145 https://www.propertypanorama.com/instaview-tour/syr/S1515145
Standard Status Active
Middle/Junior School District Cortland
Elementary School District Cortland
Tax Assessed Value 385000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 17
Property Sub Type Additional Business Office Retail Commercial
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Interior
Basement None
Flooring Other SeeRemarks
Total Fireplaces 0
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnSite
Water Source Public
Total Parking 20.0
Inclusions Land and Building
Lot Size Area 0.73
Number of Buildings 1
Building Area Total 3378.0
Lot Dimensions 167X100
Lot Size Acres 0.73
Waterfront Y/N No
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Yaman Real Estate

Broker

(315) 727-9917

Phone

Affordability Calculator

$3,212
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,402
Monthly Property Taxes
$811
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3038306 Elementary School
4256671 Middle School
Cortland Junior-Senior High High School
Pricing History
DatePricePrice ChangeDescription
9/5/2025$385,000 -3.51% Price Down
2/22/2025$399,000 -11.33% Price Down
8/28/2024$450,000 -14.29% Price Down
3/26/2024$525,000 -22.22% Price Down
1/2/2024$675,000 Listed Price

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219 1/2 Tompkins Street, Cortland, NY, 13045 is a Commercial Property for sale at $385,000 with 3,378 sqft and a lot size of 0.73. 219 1/2 Tompkins Street was built in 1974. The property's zip code is 13045 which is in Cortland, NY