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503 Lake Ave Saint James, NY 11780

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For Sale
$675,000

Well-located commercial building with restaurant approvals and redevelopment potential.

Property size:
2,467 SF
Lot size:
0.25 Acres

Property Features for 503 Lake Ave

General Information

Standard status
Active
Zoning
CB
Size
2,467 SF
Lot size
0.25 Acres

Building Details

Year built
1963

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Listing Contact
Michael Murphy
Michael Murphy
Source: Crexi

Listing Agency: Douglas Elliman Commercial Division Listing Agent: Michael Murphy

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

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Overview

Turnkey Restaurant Opportunity Near Train

This property, formerly Garguilo's Bakery, presents a commercial opportunity in a visible location at the corner of Lake Avenue and Railroad Avenue, directly across from the train station. The site includes a 2,467 square foot main building with a full basement featuring 8-foot ceilings, plus an additional 414 square foot storage building. The property has existing approvals for an 80-seat restaurant, creating potential for food service, retail, or other commercial uses. The main level offers 9-foot ceilings, hardwood flooring, central air conditioning, steam radiators, gas heat, and three phase electric service with four hundred amps. The lower level provides approximately 2,400 square feet of usable space, ideal for storage, prep, or operational support. Constructed in 1963, the building features masonry concrete block construction, brick siding, and a flat roof. The building sits on a quarter acre lot totaling 10,890 square feet. Utilities include community water and private septic. The property features one half bath, 14 on-site parking spaces, and handicap accessible elements. This location benefits from visibility, foot and vehicle traffic, and access to transportation. This is an excellent opportunity for an owner user or investor seeking a well-located commercial building.
Location Intelligence

Current Use by Public Records

Garguilos Bakery Bakery

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

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City
Saint James
County
Suffolk
State
New York
Longitude
-73.157578
Latitude
40.884633

FAQs

What type of property is this?
Conventional restaurant - Well-located commercial building with restaurant approvals and redevelopment potential.
Where is this conventional restaurant located?
The property is located at 503 Lake Ave Saint James, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: - Prime corner location at Lake Avenue and Railroad Avenue, directly across from the train station, offering high visibility and traffic.; - Existing approvals for an 80-seat restaurant, providing immediate potential for food service operation.; - Full turnkey bakery setup with all equipment, furniture, and fixtures in place.
More about this property
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