927 Evergreen Walk Ocean Beach, NY 11770

Property Details for 927 Evergreen Walk

Lot size

0.16 lot acres

Property size

5,608 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional turnkey restaurant opportunity is located at 927 Evergreen Walk in the highly sought-after Ocean Beach community on Fire Island, New York (zip code 11770). The property boasts a substantial 5,608 square feet of space, situated on a 0.16-acre lot. A recent, comprehensive renovation has resulted in a stunning interior and exterior, featuring high-end finishes, updated flooring, lighting, and fixtures throughout. The open-concept design comfortably accommodates a large number of guests, with indoor seating for 125 and a capacity of 280. Extensive outdoor seating adds another 43 seats and a capacity of 120, perfect for enjoying the vibrant Fire Island atmosphere. The restaurant also includes an expansive indoor bar equipped with large flat-screen televisions. Adding to the investment potential, the property includes four (4) income-producing apartments, each generating $8,000 in seasonal rental income. Its prime location on Evergreen Walk, a short distance from the ferry, ensures high visibility and accessibility for the thousands of visitors who frequent Ocean Beach during the spring and summer seasons. This is a rare chance to acquire a thriving, fully renovated restaurant in a prime location, making it an ideal investment for both seasoned restaurateurs and new entrepreneurs. The property's combination of a successful restaurant and lucrative rental apartments presents a unique opportunity for significant returns.