Address
4 Lancaster Street, Cherry Valley, NY
Price
$ 349,000
Property Attributes
  • MLS#R1704554
  • TypeSingle Family
  • Listing Status Active
  • CountyOTSEGO
  • CityCherry Valley
  • AreaCherry Valley-Village
  • Zip13320
  • StyleHistoricAntique,,SeeRemarks
  • Year Built1800
  • Taxes$ 5852
  • Price$ 349,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage3036
  • Lot Size0.35 Acres
Data Source:
Greater Rochester AOR (GRAR)
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.

Price History
8/7/2026 Listed $349,000

General Features

Sewer SepticTank
Heating Propane,Oil,ForcedAir
Cooling CentralAir
Utilities ElectricityConnected,HighSpeedInternetAvailable,WaterConnected
Possession Closing
Roof Shingle
Appliances Dishwasher,ElectricOven,ElectricRange,ElectricWaterHeater,Refrigerator
Garage Spaces 0.0
Patio/Porch Features Covered,Porch
Architectural Style HistoricAntique,Other,SeeRemarks
Construction Materials WoodSiding
School District Cherry Valley-Springfield
Year Built 1800
Stories Count 2
Township Cherry Valley-Village
Levels Two
Property Subtype SingleFamilyResidence
County Otsego
Property Type Residential
Garage Y/N No
Total Rooms 10
Full Baths 1
Status Active
City Cherry Valley
Senior Community Y/N No
High School District Cherry Valley-Springfield
MLS Area Cherry Valley-Village-362401
Lot Size Units Acres
Lot Size Square Feet 15246.0
Year Built Details Existing
Tax Annual Amount 5852.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Cherry Valley-Springfield
Elementary School District Cherry Valley-Springfield
Tax Assessed Value 190900
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 54

Interior Features

Interior Amenities Other,SeeRemarks,SecondKitchen
Basement Full
Flooring Hardwood,Varies
Total Fireplaces 1
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Total Bedrooms 1
Main Level Bathrooms 1
Total Baths 2

Exterior Features

Exterior Amenities GravelDriveway
Parking Features NoGarage
Lot Features Rectangular,RectangularLot
Water Source Connected,Public
Lot Size Area 0.35
Foundation Details Block,Stone
Building Area Total 3036.0
Lot Dimensions 56X194
Lot Size Acres 0.35
Waterfront Y/N No
Road Frontage Type MainThoroughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 13320

Price
AVG $240K
$350K
Taxes
AVG $3,124
$5,852
Year Built
AVG 1893
1800
Visits
AVG 20
4
Data Provided by Inside Real Estate®

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