100 Bay Ave Patchogue, NY 11772-4053
- Investment properties
- 0.24 lot acres
Current Use by Public Records
- El Sabor del Pueblo / Restaurant / Deli
- EL FOGON DELI & GROCERIES / Deli
- Santa Rosa Deli Taqueria and Pupuseria / Grocery Store / Delivery Restaurant
Property Details for 100 Bay Ave
- Lot size
- 0.24 lot acres
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0204-014.00-06.00-013.000
- APU
- 204014000600013000
Description
This thriving deli and restaurant, located at 100 Bay Ave in Patchogue, NY (zip code 11772), presents a fantastic investment opportunity. The business, known as La Casona Deli & Restaurante, is being offered for sale at $119,999. The 800 square foot space is situated in a mixed-use zoned area and boasts ample parking with 19 spaces available. The sale includes all existing inventory, making this a true turnkey operation. The business currently has seating for 19 diners and benefits from a steady clientele. The property is vacant and ready for immediate occupancy. A new lease will commence September 1st, 2024, with a 5-year term, expiring September 1st, 2026, leaving a remaining term of 2.5 years. The business has been under current ownership for 2.5 years. This is an exceptional chance to acquire a well-established business in a desirable location with significant potential for growth. The seller is offering a co-op arrangement. No credit rating is available for the previous tenant.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Patchogue
- County
- Suffolk
- State
- New York
- Longitude
- -73.0058
- Latitude
- 40.7621
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
