Property profile

5 Merrick Rd Freeport, NY 11520

OFF-MARKET
Restaurants
3,900 SF
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located in the heart of Freeport, Nassau County, boasting a prime location on South Main Street. The property offers a spacious 3,900 square foot building, perfect for a variety of food and beverage concepts. Currently configured as a single-tenant restaurant, the layout features high ceilings and a wide, well-designed dining and bar area, ideal for creating a vibrant atmosphere. The 2,600 square foot interior provides ample space for seating, a fully equipped kitchen, and additional storage. The property benefits from excellent vehicle and foot traffic, surrounded by numerous popular restaurants and retail stores, ensuring high visibility and a steady stream of potential customers. This location presents an incredible opportunity for any bar, restaurant, cafe, or coffee shop seeking a thriving and established commercial area. The building's size and layout offer flexibility for customization and expansion, allowing for a unique and personalized business setup. The high traffic counts and surrounding businesses create a synergistic environment, promising strong potential for success. Don't miss this chance to secure a prime location in a bustling Freeport commercial district.

Property profile

Verified
Property type Restaurants
Total area 3,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Merrick Rd Freeport, NY 11520
Freeport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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