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    Iconic Waterfront Restaurant Opportunity Title is generated by Realmo AI

    271 Woodcleft Ave, Freeport, NY 11520

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    For Sale
    $3,000,000

    Long-standing Freeport restaurant with indoor, outdoor seating and docking.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 24 at 6:04 pm

    Property Features for 271 Woodcleft Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

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    Listing Contact
    William Kruse

    Listing agent William Kruse

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of William Kruse

    HighLights

    • Iconic waterfront restaurant location with nearly a century of proven success.
    • Massive capacity: seating for 150 indoors and 150 outdoors on a new deck (rebuilt 2025).
    • Fully equipped main commercial kitchen plus a secondary snack bar kitchen and three full‑service bars.
    • Significant income potential: waterfront location with ample docking space and potential dock rental income.
    • Upstairs suite: large second floor with rental revenue potential.
    • Recent improvements: new rear deck (2025), epoxy kitchen floor (2023), upgraded hot water system, and young roof (approx. 5 years old).

    Overview

    This is a waterfront restaurant property in Freeport, with a history spanning 98 years. The main establishment has seating for 150 patrons indoors, complemented by an outdoor deck that accommodates an additional 150 guests. The property includes a fully equipped main commercial kitchen, plus a secondary snack bar kitchen. There are also three full-service bars. Recent improvements include a completely rebuilt rear deck with new pilings (2025), a new epoxy kitchen floor installed in 2023, an upgraded 100-gallon hot water heater elevated 6ft, and a roof approximately 5 years old. The property has docking space for customers, with potential for additional dock rental income. An upstairs suite features 3 large rooms, 1 smaller room, and a bathroom, currently used as office space, with potential for additional rental revenue. A massive parking lot is available as a separate listing. The parking lot includes a building with a 2-bedroom apartment upstairs, and a downstairs garage optimized with a laundry room, an extra-large walk-in refrigerator, and an extra storage room.
    Location Intelligence

    Current Use by Public Records

    Otto's Sea Grill Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Nassau
    State
    New York
    Longitude
    -73.581726
    Latitude
    40.631904

    FAQs

    What type of property is this?
    Conventional restaurant - Long-standing Freeport restaurant with indoor, outdoor seating and docking.
    Where is this conventional restaurant located?
    The property is located at 271 Woodcleft Ave Freeport, NY.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Iconic waterfront restaurant location with nearly a century of proven success.; Massive capacity: **seating for 150 indoors and 150 outdoors** on a new deck (rebuilt 2025).; Fully equipped main commercial kitchen plus a secondary snack bar kitchen and three full‑service bars.
    More about this property
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