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Waterfront Commercial Dining Deck Land
For Sale
$269,000

266 County Route 7, Nassau, NY 12123

COMMERCIAL - Nassau, NY

Property Size950 SF
Lot Size0.19 Acres
Price / SF$283.16
Days on Market51

Property Features for 266 County Route 7

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 20
Patio and Porch features Deck
Exterior features Dock
Lot features Waterfront
View Lake
Directions From Route 20, turn onto County Route 7 toward Nassau Lake. Continue on Co Rt 7 for approx 1 mile. The property will be on the lakeside.
Standard status Active
APN 384489 201.2-1-16
Size 950 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 2267

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Public
Water front features Lake Front
Water front 1

Building Details

Flooring type Vinyl
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: KW Platform · Keller Williams Realty
Listed By: Scott P Varley · License #30VA0727304
Added: Jun 15 Changed: Aug 4 Last Checked: Aug 4 at 10:06PM
MLS# 202619704

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This waterfront commercial property is set directly on the lake and designed for food service use. A deck extends out over the water, creating an over-the-water dining setting, and the property includes multiple docks for boat access. Site utilities and infrastructure are already in place, including heat and water, a new 100' well, a 1,000-gallon septic system, and a 100' leach field. New exterior lighting has also been installed for outdoor seating.

The property is located along County Route 7, providing visibility from the road, and it sits on the electric bike trail. The site positioning supports a steady flow of locals and visitors using both driving and biking routes, with the added convenience of arriving by boat.

For operators looking to run a waterfront restaurant or café concept, the existing over-water deck, dock access, and outdoor seating infrastructure offer a practical foundation for day-to-day use. The property is listed under Commercial zoning, and the on-site groundwork (including utilities and lighting) can support a food service business and related hospitality-focused programming. A possible food truck is mentioned as part of the offering, which may allow flexibility for an operator’s initial concept or staged rollout.

Key Highlights

  • Lakefront property on County Route 7 with deck extending over the water for over‑the‑water dining setup
  • Multiple docks included for boat access and easy guest arrival
  • Mixed Commercial zoning with existing groundwork for food service and other waterfront concepts

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 $20.5k $21.60
− Vacancy −$862 −$0.91
EGI $19.7k $20.69
− OpEx −$4.9k −$5.17
NOI $14.7k $15.52
950 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$210.6K
$184.3K – $245.7K (±1% cap)
NOI $14,744 @ 7.0% cap · market cap 5.48%
Second Best
no second resolved use
Theoretical Best
Office A
$237.5K
$207.8K – $277.1K (±1% cap)
NOI $16,624 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Restaurant Hair Salon Nail Salon Spa & Massage Center Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12123, NY

5,096
Population
2,346
Households
2.2
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
31.8 sq mi
ZIP Area
160
Density / Sq Mi
$104,438
Median Household Income
$54,646
Median Earnings
$959
Median Rent
$275,000
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial waterfront land along County Route 7 with an over-water deck and dock access for customer stays by boat or car.
Where is this conventional restaurant located?
The property is located at 266 County Route 7 Nassau, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Lakefront property on County Route 7 with deck extending over the water for over‑the‑water dining setup; Multiple docks included for boat access and easy guest arrival; Mixed Commercial zoning with existing groundwork for food service and other waterfront concepts
More about this property
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