Douglas Elliman Commercial is pleased to present a rare mixed-use investment opportunity in the heart of Greenport Village, one of the North Fork’s most sought-after
tourist destinations. This well-maintained 2-story owner operator historic building, originally constructed in the early 1900s, offers a total of approximately 4,048 square
feet across two floors. The property includes a fully operational restaurant and bar on the ground level, plus two residential apartments above, making it ideal for owner
operators or investors seeking dual income streams.
The first-floor spans approximately 3,058 square feet and features a 13-seat bar, dining capacity for 199 patrons, a game room, two half bathrooms, and a fully
equipped commercial kitchen with an Ansul fire suppression system. Additional amenities include an office, prep area, and multiple storage rooms. The building is
heated by oil, and the restaurant is cooled with a split unit plus a stand-up air conditioner and protected by a central station fire and burglary alarm system.
Upstairs, the second floor offers two residential units totaling approximately 990 square feet. The front apartment is a studio with a fhalf bathroom and kitchenette, while
the rear apartment includes one bedroom, a full kitchen with updated appliances, a living and breakfast bar area, and a full bathroom. Both units feature electric heat, a
mix of wall-to-wall carpeting and wood flooring. The rear apartment features central air.
The property also includes a partial basement with 6.5-foot ceiling height. Mechanical systems include a Weil McLain boiler with Beckett burner and a 75-gallon Rheem
hot water tank, all well maintained. The exterior is constructed of concrete block with plate glass windows and a flat tar roof, all in very good condition.
Greenport Village is a historic maritime community known for its deep-sea fishing roots and vibrant tourism economy. With a year-round population of approximately
3,700 residents, the village offers a walkable downtown, boutique shops, restaurants, marinas, and cultural attractions. It is bordered by Long Island Sound to the north
and Great Peconic Bay to the south and is home to Eastern Long Island Hospital and a full public school system. The area’s strong demographics and steady foot
traffic make this property a compelling investment in a high-demand location. The population increases tremendously during the warmer months.