195 Country Rd, Miller Place, NY 11764-2000
This exceptional 11,000 square foot vacant restaurant and catering hall presents a remarkable investment opportunity in Miller Place, NY. Situated on a 1.67-acre lot at 195 N Country Rd, this two-story building boasts a grand ballroom perfect for large-scale events, a dedicated cocktail room for intimate gatherings, and a fully equipped chef's kitchen ideal for catering weddings and special events. The second floor includes a luxurious bridal suite, adding to the property's appeal for wedding-related businesses. Additional storage space is available in the basement and standing attic. The property features 81 lined parking spots for guest convenience, an oil heating system, and a sprinkler system for safety. Zoned J2 in the Town of Brookhaven, this property offers significant potential for customization and new ventures. With a seating capacity of 250, this established venue is ready for a new owner to revitalize and capitalize on its prime location. Annual property taxes are approximately $43,159.77. This is a rare opportunity to acquire a substantial property with significant upside potential in a desirable Long Island location. Don't miss this chance to own a piece of Miller Place's vibrant hospitality scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.