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1307 E Lake Rd
Cortland, NY 13045

Lake Como Inn · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
B
Year Built/Renovated
1980/2007
Building Height
1 Story
Building FAR
0.09
Lot Size
1.39 AC
Zoning
200 - Restaurant COM 1
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Security System
  • Waterfront

About 1307 E Lake Rd , Cortland, NY 13045

Turn key business opportunity! Located on Lake Como with 238 feet of lake frontage, 5,500 sqft bar with dining area and large deck overlooking the lake. The property includes the only boat launch for Lake Como and small retail area located at the front of the building previously used to sell bait and groceries. The establishment has amenities to draw business year round such as outdoor seating, horseshoe pits, and is a popular boating, fishing and motorcycle destination in the summer; the meeting point of 4 snow mobile trails, ice golf tournaments, pool & dart leagues in the winter and stage for entertainment year round. Priced at assessed value (two parcels, see photos for tax map). Includes all equipment, furnishings, furniture and inventory. 24 hour notice for showings, preferably arranged outside of normal business hours. List agent or owner will be present at all showings to lock and unlock the building. Sale, property and info include 1311 East Lake Road parcel #223.20-1-23.111 adjacent to the building currently used for parking and horseshoe pits. Sale includes all FF&E and inventory. P&L available upon request.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
055800-223-020-0001-023-002-0000
Land Assessment
$96,700
Improvements Assessment
$264,300
Total Assessment
$361,000
  • Listing ID: 14565483

  • Date on Market: 12/6/2018

  • Last Updated:

  • Address: 1307 E Lake Rd, Cortland, NY 13045

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