Remarks

Calling All Investors, Developers, End-Users & Restauranteurs!!! 6,600+ Sqft. Impeccable Restaurant / Event Venue On 4 Acres For Sale!!! The Property Features Excellent Signage, Great Exposure, High Ceilings, Indoor / Outdoor Seating, Full Commercial Kitchen, Full Basement, Showcase Gardens, 86 Parking Spaces, 2 Br. Apartment, Strong Zoning, Full Bar, Multiple Private Parking Lots, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamesport On Manor Lane Near Iron Pier Beach, Long Island National Golf Club & Jason’s Vineyard!!! The Property Is Situated In Between The Long Island Sound & Peconic Bay On The Dimon Estate!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Dunkin’, Walgreens, Bob’s Discount Furniture, Mattress Firm, HomeSense, Buffalo Wild Wings, Davis Visionworks, McDonald’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!!



Income:



Restaurant / Event Venue: $480,000 Ann. (Available)



Pro Forma Gross Income: $480,000 Ann.



Expenses:



Insurance: $2,813 Ann.



Maintenance & Repairs: $250 Ann.



Water: $1,022 Ann.



Taxes: $29,243 Ann.



Total Expenses: $33,328 Ann.



Net Operating Income (NOI): $446,672 Ann. (Pro Forma 22.45 Cap!!!)

Details

MLS#: L3543590
Price: $1,990,000

Style: Business
Baths Half: 0
Sq Ft: 6681
Year Built: 2006

County: Suffolk County
Lot Size: 299x560
Tax Fee: 29243