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Two-Story Restaurant with Outdoor Tiki Bar
For Sale
$2,850,000

48 Front Street, Greenport, NY 11944

Updated two-story restaurant with two indoor bars, a live music stage, and an outdoor tiki bar.

Property SizeContact for details
Days on Market654

Property Features for 48 Front Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $20,926

Amenities

Central air
Central Air Cooling
Forced Air Heating
Oil Heating

Building Details

Year Built 2003
Stories 2
Listing Agency: DOUGLAS ELLIMAN REAL ESTATE
Listed By: BARBARA J. POLIWODA · License #L3579804
Source: Corcoran
Added: Nov 20, 2024 Changed: Sep 4 Last Checked: Sep 4 at 6:12AM

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 DOUGLAS ELLIMAN REAL ESTATE

Investment Insights

Based on property information with market context.

Greenhill Kitchen is an updated two-story restaurant designed for both indoor and outdoor dining. The layout includes two indoor bars and a live music stage, with ample seating on both floors. Outdoor options feature an outdoor tiki bar, along with an upper deck for additional seating.

Located on a corner in downtown Greenport Village at Front Street and First Street, the property provides visibility with a Mitchell Park carousel and marina across the street. The Village is active year round, supported by recurring community events and parades including Tall Ships, the Maritime Festival, Presidents Parade, Cherry Blossom Festival, Halloween, the Christmas Tree Lighting, the Easter Egg Roll, and Shellabration.

Key Highlights

  • Updated two‑story restaurant built in 2003
  • Two indoor bars plus a live music stage
  • Outdoor tiki bar and large upper deck with ample seating

Property Analytics

Current Use

Green Hill Kitchen Restaurant

Suggested Use

Top Pick Dental Office Auto Repair Shop Auto Parts Store Building Supply Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 72% Shops & Services 28%
IGA Greenport Groceries
9,299 visits/mo 0.2 miles
Chase Bank Shops & Services
3,533 visits/mo 0.1 miles

Demographics for 11944, NY

4,801
Population
3,106
Households
1.5
Avg Household Size
48
Median Age
43%
College-Educated
86%
High-School Grad
4.1 sq mi
ZIP Area
1,171
Density / Sq Mi
$79,917
Median Household Income
$51,480
Median Earnings
$2,048
Median Rent
$822,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated two-story restaurant with two indoor bars, a live music stage, and an outdoor tiki bar.
Where is this conventional restaurant located?
The property is located at 48 Front Street Greenport, NY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Updated two‑story restaurant built in 2003; Two indoor bars plus a live music stage; Outdoor tiki bar and large upper deck with ample seating
More about this property
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