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11 Main Street
Cherry Valley, NY 13320

Commercial
  • 4,905sq ft
$325,000
Est. P&I payment: $1241.28/mo
11 Main Street, Cherry Valley, NY 13320
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Description for 11 Main Street, Cherry Valley, NY 13320
WELL-ESTABLISHED RESTAURANT in the historic town of Cherry Valley only 25 minutes to Cooperstown and 15 minutes to the Glimmerglass Festival. This colorful and fun restaurant is popular with locals and seasonal visitors alike. Originally a bowling alley, the 5,000+/-sf property has plenty of room to accommodate seating for 80, a nice cocktail area with mahogany bar, a large professionally equipped kitchen with oversized walk-in refrigerator and freezer, and a large office. The space is fully up to code and includes three bathroom, two of which are handicap accessible, and a fire alarm system. The building is also fully insulated and has radiant floor heat making it energy efficient. A large outdoor space can be used for al fresco dining. Restaurant is currently open. Listing price includes the building and all major appliances and fixtures OR buy the business - including name, inventory, small wares, furniture, etc. - for just $75k more. This is a wonderful turn-key business that would be easy to take over or turn the space into a food market, commercial kitchen, brewery, bakery, the ideas are endless. Please call for more details.
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My Notes for MLS #113298

General Features

  • County: Otsego
  • Property Type: Commercial
  • Property Subtype 1: Commercial
  • Zoning: Commercial
  • Current Use: Restaurant

Exterior Features

  • Acres: 0.27
  • Lot Measurement: Acres
  • Lot Size Source: (Tax Records)
  • Lot Square Footage: 11,761
  • Construction: Concrete Block
  • Foundation: Slab Foundation
  • Insulation: Yes
  • Roof: Metal
  • Parking: Parking lot for approx 12 cars

Interior Features

  • Half Bathrooms: 3
  • Square Footage: 4,905
  • Square Footage Source: Tax Records

Utility Features

  • Electric: 200 Amps,​ National G
  • Heat/Cool Types: Central AC,​Propane Heating,​Radiant Heat,​Wall or Window AC
  • Sewer: Public Sewer System
  • Water: Public Water Supply

Financial Features

  • Assesment: 211,600
  • Tax Id: 58.14-1-7.00
  • School Tax: 2,522.61
  • Town/County Tax: 1,867.58
  • Village/City Tax: 1,246.41
  • Water/Sewer Fee: 75
  • Lease Type: Net

Location

 
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Directions to 11 Main Street, Cherry Valley, NY 13320
State Highway 166 north into Cherry Valley. At the light make a right on to Main Street. Restaurant is on the left.
The listing information for 11 Main Street, Cherry Valley, NY 13320 was graciously provided by our friends at the listing brokerage, Keller Williams Upstate NY Properties

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P&I Payment $1241.28
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on New York Trophy Properties's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. New York Trophy Properties, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/19/2017 at 11:00pm
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