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!
Property Details
Price:
$385,000
MLS #:
S1515145
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Neighborhood:
cortland110200
Listed Date:
Jan 2, 2024
Finished Sq Ft:
3,378
Total Sq Ft:
3,378
Lot Size:
16,700 sqft / 0.73 acres (approx)
Year Built:
1974
See this Listing
Schools
School District:
Cortland
Middle School:
Other – See Remarks
High School:
Cortland Junior-Senior High
Interior
Cooling
Central Air
Flooring
Other, See Remarks
Heating
Gas, Forced Air, Radiant
Levels
One
Exterior
Building Features
Public Restrooms
Construction Materials
Brick, Frame
Parking Features
On Site
Parking Spots
20
Parking Total
20
Roof
Asphalt
Stories
1
Financial
Taxes
$9,727
Map
Community
- Address219 1/2 Tompkins Street Cortland NY
- CityCortland
- CountyCortland
- Zip Code13045
Subdivisions in Cortland
Market Summary
Current real estate data for Commercial in Cortland as of Sep 05, 2026
10
Commercial Listed
231
Avg DOM
119
Avg $ / SqFt
$615,380
Avg List Price
Property Summary
- 219 1/2 Tompkins Street Cortland NY is a Commercial for sale in Cortland, NY, 13045. It is listed for $385,000
Similar Listings Nearby
Courtesy of Yaman Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 219 1/2 Tompkins Street
Cortland, NY

