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    302 Middle Rd Blue Point, NY 11715

    Sponsored
    For Sale
    $4,250,000

    Profitable Waterfront Restaurant, Real Estate Included

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey opportunity presents a thriving restaurant and marina business with accompanying real estate in the desirable Blue Point, New York location. The property boasts a 1,200 square foot single-story building situated on an expansive 11,761 square foot lot, offering ample space for both indoor and outdoor operations. Currently operating at 100% occupancy, the restaurant enjoys a prime waterfront location, just steps from a marina and the beach, contributing to its consistent success. Financial records reveal impressive weekly sales ranging from $75,000 to $85,000, generated from lunch and dinner service, typically concluding around 9:00 PM. This well-established restaurant has a rich history, having operated successfully for 96 years, building a strong reputation and loyal customer base. The sale includes not only the restaurant business but also two food trucks, further enhancing revenue streams. The asking price for this remarkable package is $4,250,000. Real estate taxes for the restaurant are $6,985 annually, and $6,746 for the marina. This is a rare chance to acquire a highly profitable, established business with significant growth potential in a prime waterfront location. The property's size and location make it an ideal investment for both seasoned restaurateurs and astute real estate investors seeking a unique and lucrative opportunity.

    Property Features for 302 Middle Rd

    General Information

    Property type
    Restaurants
    Square Feet
    1,200 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Strong weekly sales averaging $75,000-$85,000.
    • Established lunch and dinner service, closing at 9:00 PM daily.
    • Highly successful restaurant with a 96‑year operating history.
    • Includes a profitable food truck business.
    • Two fully operational food trucks included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flo's Luncheonette Sandwich Shop LibertyX Bitcoin ATM Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Point
    County
    Suffolk
    State
    New York
    Longitude
    -73.0279979
    Latitude
    40.7475461

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    FAQs

    What type of property is this?
    Restaurant - Profitable Waterfront Restaurant, Real Estate Included
    Where is this restaurant located?
    The property is located at 302 Middle Rd Blue Point, NY.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: Strong weekly sales averaging $75,000-$85,000.; Established lunch and dinner service, closing at 9:00 PM daily.; Highly successful restaurant with a 96-year operating history.
    Request Owner's contact information
    302 Middle Rd Blue Point, NY 11715
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    Blue Point, NY 11715
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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
    302 Middle Rd Blue Point, NY 11715
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