PRIME Location! Building designed in 1974 by architect, Conrad Arnold, as an office building for his design business. Shortly thereafter it became a local landmark 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. Sale can include the (optional) 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) for an additional $150,000.00. 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!