120 Main StreetCherry Valley, NY 13320

Description

The Historic Tryon Inn & Back Door Bar in Cherry Valley, NY: this is a once-in-a-lifetime opportunity to acquire the venerable Tryon Inn, a cornerstone of the charming, historic village of Cherry Valley. More than just a building, this is a turnkey, fully renovated, and well-established business that serves as the beloved social hub of the community and a destination for travelers along scenic Route 20. While historically operating as a tavern, you may have a vision for a brew pub, with loads of parking and indoor and outdoor space for entertainment. Cherry Valley is a community of very involved residents, artists, musicians, teachers, tradespeople and business owners. With an eclectic population and beautiful farming countryside, Cherry Valley is a peaceful town to live and work. Investment Highlights • Turn-Key Business: 129 seat restaurant, plus the lively 34-seat Back Door Bar and the outdoor patio seating for 32 in the warm months. • Large sparkling kitchen is fully equipped, bright and completely up to date. • The current structure, built around 1900 on the site of the original 1780s tavern, is steeped in local history and Colonial Revival charm, attracting history buffs and patrons seeking an authentic upstate experience. • Strategically located on Main Street in the heart of historic Cherry Valley, an area famous for its proximity to Cooperstown (Baseball Hall of Fame, Glimmerglass Opera) and stunning upstate scenery. • Significant Real Estate totaling 5,048 sq ft in the tavern building alone, on a generous 4.25-acre lot, offering ample space and expansion potential. The additional circa 1800 federal style “Inn” building measures an additional 2400 sq ft over two stories. The “Inn” building is freestanding and separate from the turnkey tavern establishment and needs restoration/renovation in order to operate. This is your chance to own a piece of New York state history and step into a successful, cash-flowing business. The Tryon Inn is the definitive social anchor of Cherry Valley, poised for continued success under new ownership. Maintain the beloved local tradition or evolve the concept—the groundwork is laid for your triumph.

Property Information

Property type

Commercial Sale

Sub-type

Business

Year built

1900

Stories

2

Living area

5,048 Sq Ft

Lot size

4.25 acres

Lot dimensions

403X487

Parking spaces

50

Zoning

Com 1

Days on market

308

MLS^® Listing#

R1656875

Property Features

Cooling

Other · Zoned · Central Air

Heating

Oil · Other · See Remarks · Zoned · Baseboard · Hot Water

Flooring

Carpet · Hardwood · Linoleum · Other · See Remarks · Varies · Vinyl

Basement

Full

Parking

Driveway · On Site

Lot features

Irregular Lot

Construction

Frame · Wood Siding

Roof

Asphalt · Metal · Shingle

Utilities

Electricity Available · Electricity Connected · Water Available

Sewer

Septic Tank

Financial Details

Annual taxes

$14,537

Assessed value

$387,400

Parcel number

58.14-2-37.00

Directions

From the south: RT 166 to traffic light in the village, right at the light, then approximately .5 miles up Main Street on the right.