4 Lancaster Street Cherry Valley, NY $ 349,000
4 Lancaster Street
$ 349,000
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4 Lancaster Street

Cherry Valley, NY, 13320
$ 349,000
Bedrooms-- Baths-- Sq 3,036

Monthly Estimate*

$ 2,204

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Commercial Property for sale in Cherry Valley, NY

for $349,000. This 3,036 square foot building was built in 1800 on a lot size of 0.35.

A rare opportunity to own one of the region's most recognized and beloved destination restaurants! The Rose & Kettle has earned a stellar reputation for exceptional dining, warm hospitality, and a loyal following, attracting both local patrons and visitors to the Cooperstown and Cherry Valley area for years. Located in the heart of the historic Village of Cherry Valley, this turnkey offering includes an approximately 2,600-square-foot restaurant situated on a 0.35-acre lot with off-street parking, seating for approximately 50 guests indoors, plus an additional 16-seat outdoor patio, building is ADA compliant. The property also features comfortable owner's living quarters on the second floor, creating an ideal owner-operator opportunity or additional income potential. This is a fully operational, turnkey restaurant, simply bring your suitcase, step into the kitchen, and continue a successful business from day one. The business is being offered fully furnished and equipped, allowing for immediate operation. Current health permits are in place, and the restaurant operates under an active New York State liquor license (subject to buyer application and approval), providing buyers confidence in its established operational compliance. With approximately $320,000+ in consistent annual gross sales in recent years, The Rose & Kettle offers a proven operating history of over 40 years, established goodwill, strong name recognition, and a loyal customer base. Whether you choose to continue its celebrated legacy or introduce your own culinary vision, this is an exceptional opportunity to own a thriving hospitality business in one of Central New York's most charming historic villages. Turnkey restaurant opportunities with this level of reputation, history, and character rarely become available.

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Commercial Active

Price

$ 349,000

Property Type

Commercial

Taxes

$ 5,852

Style

Business

Lot Size

0.35

Year Built

1800

Town/City

Cherry Valley

County/Region

Otsego

MLS | Web ID

R1690920

Features
General
Sewer SepticTank
Heating Propane Oil ForcedAir
Cooling CentralAir
Utilities ElectricityConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Zoning none
Construction Materials Stone
School District Cherry Valley-Springfield
Year Built 1800
Stories Count 2
Township Cherry Valley-Village
Levels Two
Property Subtype Business
Business Type Restaurant
Business Name Rose and Kettle Rest
County Otsego
Property Type CommercialSale
Possible Use Residential Restaurant
Status Active
City Cherry Valley
High School District Cherry Valley-Springfield
Zoning Description Other - See Remarks
Number Of Units Total 0
MLS Area Cherry Valley-Village-362401
Lot Size Units Acres
Lot Size Square Feet 15246.0
Year Built Details Existing
Tax Annual Amount 5852.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Cherry Valley-Springfield
Elementary School District Cherry Valley-Springfield
Tax Assessed Value 190900
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 54
Property Sub Type Additional Business Commercial
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Interior
Basement Full
Flooring Carpet Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
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
Lot Features Rectangular RectangularLot
Water Source Public
Total Parking 10.0
Inclusions Equipment Inventory Land Building and Business
Lot Size Area 0.35
Number of Buildings 2
Building Area Total 3036.0
Lot Dimensions 56X194
Lot Size Acres 0.35
Waterfront Y/N No
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Internal Only
Street Number 1 4
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* Excluded Features
List By
Keller Williams Upstate Ny Properties

Broker

(607) 435-0014

Phone

Affordability Calculator

$2,691
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,204
Monthly Property Taxes
$488
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
4122797 Elementary School
4122780 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$349,000 Listed Price

Map


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4 Lancaster Street, Cherry Valley, NY, 13320 is a Commercial Property for sale at $349,000 with 3,036 sqft and a lot size of 0.35. 4 Lancaster Street was built in 1800. The property's zip code is 13320 which is in Cherry Valley, NY