4 Lancaster ST, Cherry Valley, NY 13320
4 Lancaster ST, Cherry Valley, NY 13320
4 Lancaster ST, Cherry Valley, NY 13320
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$349,000
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3,036 SqFt
Active

4 Lancaster ST Cherry Valley, NY 13320

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $114

MLS Listing ID R1690920

Construction Status Existing

HOA Y/N No

Year Built 1800

Annual Tax Amount $5,852

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 56X194

Property Sub-Type Business

Property Description

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.

Location

State NY

County Otsego

Area Cherry Valley-Village-362401

Zoning none

Rooms

Basement Full

Interior

Heating Propane, Oil, Forced Air

Cooling Central Air

Flooring Carpet, Hardwood, Linoleum, Varies, Vinyl

Inclusions Equipment, Inventory, Land, Building and Business

Fireplace No

Exterior

Utilities Available Electricity Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 10

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type Stone

Construction Status Existing

Schools

School District Cherry Valley-Springfield

Others

Tax ID 362401-058-014-0001-054-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Keller Williams Upstate NY Properties (607) 435-0014

NEARBY SCHOOL & BUSINESS

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Revolution Real Estate

Revolution Real Estate

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+1(585) 653-7700

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4 Lancaster ST