116 Division St, Patchogue, NY 11772-3424

This exceptional 5,000-square-foot restaurant in Patchogue, NY, presents a unique investment opportunity. Located at 116 Division St, this two-level establishment boasts stunning Patchogue River views and has been a thriving business for over 25 years, generating over $3.5 million in revenue in 2023. The property includes a newly renovated bar and lounge, a state-of-the-art kitchen, and ample seating for over 80 patrons outdoors. Four separate catering rooms are available, along with two bars perfect for live music. The property sits on a 2.07-acre lot zoned for Business and Industrial use and includes 50 boat slips generating an additional $90,000-$100,000 annually, plus a three-family house at 143 River Ave. that produces $50,000 in annual income. This prime location is adjacent to a proposed hotel site, offering significant future development potential. Ample parking is available. The current owner is open to a two-year sale/leaseback arrangement. This is a rare chance to acquire a well-established, high-revenue-generating waterfront property in the heart of Patchogue Village.