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    OFF-MARKET
    Retail properties & Spaces

    212 Main St, Setauket- East Setauket, NY 11733

    35,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 35,500 square foot commercial property in Setauket-East Setauket, NY, presents a rare opportunity to lease a fully equipped, second-generation restaurant space. Located at 212 Main St, 11733, this single-tenant retail space offers 5,000 square feet of immediately available space. The previous tenant, a well-established Italian restaurant, boasted nearly 200 seats and a valid liquor license, both of which are negotiable aspects of the lease. The existing restaurant assets can remain in place, providing a significant advantage for a new operator. The layout includes a separate bar area with ample seating options, ranging from high-tops to intimate nooks. A large main dining room is complemented by a smaller dining area near the bar, ideal for medium-sized parties, and a cozy room with smaller tables. A dedicated private party room with its own bathroom adds to the versatility of the space. The expansive back-of-house area features substantial wine storage, a complete kitchen line with multiple ovens and ranges under a substantial hood system, and dedicated pizza ovens. This turnkey operation is situated in Suffolk County, New York, offering immediate access to a thriving community. The property's size and existing infrastructure make it an ideal location for a variety of restaurant concepts. This is a unique opportunity to acquire a fully equipped restaurant space with significant potential.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 35,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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