154 W Broadway - Restaurant FOR SALE


Port Jefferson, NY 11777
$1,950,000 USD
516-933-8880
154 W Broadway, Port Jefferson, NY for Sale
$1,950,000 USD
Restaurant - FOR SALE
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null | Request Cap Rate

154 W Broadway
Port Jefferson, NY 11777


HIGHLIGHTS

  • Fully equipped turnkey restaurant overlooking Port Jefferson Harbor
  • 110 seat restaurant
  • On-site parking and adjacent municipal lot
  • Less than half a mile from Port Jefferson Ferry

OVERVIEW

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 restaurant situated on a 16,780 SF lot with 125 feet of frontage on Route 25A in the Village of Port Jefferson. This turnkey 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 plus an adjacent municipal parking lot. 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 fully equipped kitchen and significant capital improvements already completed.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,780 SF

ZONING

MW-1 (Marina Waterfront)

APN/PARCEL ID

0207-011-00-03-00-020-002

ASK ABOUT THIS PROPERTY

Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

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Jonathan WinzelbergRIPCO Real EstateMore Info
516-933-8880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.