RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 154 W Broadway, Port Jefferson, NY.
The subject property is a 7,632 SF freestanding building situated on a 16,780 SF lot with 125 feet of frontage on Route 25A in the Village of Port Jefferson.
The building includes a turnkey 3,962 SF restaurant on the second floor with lobby/coat check on the ground floor and ~320 SF of storage/stock room and walk-in box. The ground floor has an additional ~2,700 SF of retail/office space in unit 1 and ~600 SF of retail/office space in unit 2. The restaurant is fully equipped with all furniture, fixtures, and kitchen equipment and features a 110-seat dining room with full bar and commanding views of Port Jefferson Harbor.
The property is on sewer and features 28 on-site parking spaces, with additional municipal parking adjacent to the building. The restaurant presents an opportunity to be in Port Jefferson's thriving downtown and entertainment district, less than half a mile from the marina and ferry terminal and located across the street from The Shipyard at Port Jefferson, a 112-unit luxury residential complex, and Overbay Apartments, a 52-unit luxury residential community.
The property is an opportunity for an experienced restaurant and hospitality operator seeking to acquire a turnkey establishment with a substantial kitchen and significant capital improvements already completed.