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    195 Country Rd Miller Place, NY 11764

    Sponsored
    For Sale
    $2,595,000

    11,000 SF Restaurant, Vacant, Prime Location

    Property size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,000 square foot vacant restaurant and catering hall presents a remarkable investment opportunity in Miller Place, NY. Situated on a 1.67-acre lot at 195 N Country Rd, this two-story building boasts a grand ballroom perfect for large-scale events, a dedicated cocktail room for intimate gatherings, and a fully equipped chef's kitchen ideal for catering weddings and special events. The second floor includes a luxurious bridal suite, adding to the property's appeal for wedding-related businesses. Additional storage space is available in the basement and standing attic. The property features 81 lined parking spots for guest convenience, an oil heating system, and a sprinkler system for safety. Zoned J2 in the Town of Brookhaven, this property offers significant potential for customization and new ventures. With a seating capacity of 250, this established venue is ready for a new owner to revitalize and capitalize on its prime location. Annual property taxes are approximately $43,159.77. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Long Island location. Don't miss this chance to own a piece of Miller Place's vibrant hospitality scene.

    Property Features for 195 Country Rd

    General Information

    Property type
    Restaurants
    Square Feet
    11,000 SF
    Lot Size
    72,745 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Retail/Restaurant Property in Miller Place, NY
    • 11,000 SF Building
    • 1.67‑Acre Lot
    • 250‑Person Seating Capacity
    • 81 Parking Spaces
    • Oil Heat & Sprinkler System
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miller Place
    County
    Suffolk
    State
    New York
    Longitude
    -72.995226339094
    Latitude
    40.959071498017

    Nearby Comparable

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      Profitable Nursery & Residential Property

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      Mount Sinai Mixed-Use Investment

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      Land Available For Sale

      Land available for sale at 225 Shore Rd, Mount Sinai.
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    • Contact for pricing
      7.50 Acres

      185 Country Rd

      Farms • 7.50 Acres
      185 Country Rd, Mount Sinai, NY 11766
      View Details

    Nearby Similar for Sale

    • $1,100,000
      2,100 SF

      Miller Place J2 Zoned Property

      J2 zoned property suitable for medical or professional office use.
      93 Miller Place Rd, Miller Place, NY 11764
      View Details

    FAQs

    What type of property is this?
    Restaurant - 11,000 SF Restaurant, Vacant, Prime Location
    Where is this restaurant located?
    The property is located at 195 Country Rd Miller Place, NY.
    What is the asking price?
    The asking price for this property is $2,595,000.
    What are key features of this property?
    This property features: Retail/Restaurant Property in Miller Place, NY; 11,000 SF Building; 1.67-Acre Lot
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    195 Country Rd Miller Place, NY 11764
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