116 Division St Patchogue, NY 11772
- Turn key restaurants
- 0.23 lot acres
Current Use by Public Records
- Steeler Auto Transport / Trucking Company
- Harbor Crab Co / Bar / Seafood Restaurant
Property Details for 116 Division St
- Lot size
- 0.23 lot acres
- Property type
- Turn key restaurants
- APN
- 0204-013.00-08.00-003.001
- APU
- 204013000800003001
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Patchogue
- County
- Suffolk
- State
- New York
- Longitude
- -73.0199
- Latitude
- 40.7606
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
