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    Restaurant and Brewery Mixed-Use Property Title is generated by Realmo AI

    72 W Main St, Riverhead, NY 11901

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    Claim this Listing
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    For Sale
    $2,995,000

    Three included units with separate utilities and DC-1 zoning, plus patio, support restaurant, brewery, and flex second-floor use.

    Type:Commercial
    Property size:
    11,560 SF
    Price / SF:
    $259/SF
    Added:
    Jun 23, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 24 at 2:02 am

    Property Features for 72 W Main St

    General Information

    Standard status
    Active
    Size
    11,560 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

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    Isaac D. Israel
    Isaac D. Israel

    Listing office Richmond Realty Corp

    Listing date Jun 23, 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 Richmond Realty Corp

    HighLights

    • Three separate units included in the sale: restaurant (~5,400 SF), brewery (~1,660 SF), and 2nd‑floor multipurpose space (~4,500 SF).
    • DC‑1 zoning for the property units, with municipal parking available nearby.
    • Each unit has its own electric meter and water bill.
    • Restaurant includes full furnishings and paid‑off equipment.
    • Brewery includes full equipment.
    • Includes usable outdoor patio space.

    Overview

    The sale includes three separate units under one offering: a restaurant space of approximately 5,400 SF, a brewery next door of approximately 1,660 SF, and a multipurpose second-floor space of approximately 4,500 SF. The property also includes usable outdoor patio space. The restaurant is offered fully furnished, with equipment paid off, and the brewery is also fully equipped. Each unit has its own electric meter and water bill.

    The property is located in the heart of downtown Riverhead and is currently zoned DC-1. Municipal parking is available, supporting convenient customer access for multi-concept use. Bike and walk scores indicate a car-dependent setting with some bicycling support.

    This configuration is well suited to an operator looking to run a restaurant and brewery in a single consolidated footprint, while keeping the additional second-floor multipurpose space available for complementary uses. Separate metering and water billing can simplify day-to-day operating considerations across the three units. Please do not disturb current occupants; schedule a showing for details on the current setup and included improvements.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $301.0k $26.04
    − Vacancy −$20.8k −$1.80
    EGI $280.3k $24.24
    − OpEx −$70.1k −$6.06
    NOI $210.2k $18.18
    11,560 SF · lease $26.04/SF/yr · vacancy 6.90% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $3.00M
    $2.63M – $3.50M (±1% cap)
    NOI $210,189 @ 7.0% cap · market cap 7.02%
    Second Best
    Industrial
    $2.34M
    $2.05M – $2.74M (±1% cap)
    NOI $164,125 @ 7.0% cap · market cap 5.48%
    Theoretical Best
    Office A
    $3.52M
    $3.08M – $4.11M (±1% cap)
    NOI $246,520 @ 7.0% cap · market cap 8.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Sound Bay Real ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.6633946
    Latitude
    40.9171091

    FAQs

    What type of property is this?
    Conventional restaurant - Three included units with separate utilities and DC-1 zoning, plus patio, support restaurant, brewery, and flex second-floor use.
    Where is this conventional restaurant located?
    The property is located at 72 W Main St Riverhead, NY.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: Three separate units included in the sale: restaurant (~5,400 SF), brewery (~1,660 SF), and 2nd‑floor multipurpose space (~4,500 SF).; DC‑1 zoning for the property units, with municipal parking available nearby.; Each unit has its own electric meter and water bill.
    More about this property
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