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    OFF-MARKET
    Turn key restaurants

    195 Country Rd, Miller Place, NY 11764-2000

    1.67 ac lot
    Entity Owned 20-yr Hold Free & Clear
    Property ID
    US63-6194321
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 1.67 ac (72,745 SF)
    APN 0200-028.00-05.00-009.000
    UPID US63-6194321
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Regina Long Island LLC · 20 yrs held
    Regina Long Island LLC
    since 2006
    2 recorded transactions
    2025
    2006
    $2.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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