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    OFF-MARKET
    Drive through restaurants

    302 Middle Rd, Blue Point, NY 11715-1904

    0.27 ac lot
    Entity Owned 24-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0641505
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity presents a thriving restaurant and marina business with accompanying real estate in the desirable Blue Point, New York location. The property boasts a 1,200 square foot single-story building situated on an expansive 11,761 square foot lot, offering ample space for both indoor and outdoor operations. Currently operating at 100% occupancy, the restaurant enjoys a prime waterfront location, just steps from a marina and the beach, contributing to its consistent success. Financial records reveal impressive weekly sales ranging from $75,000 to $85,000, generated from lunch and dinner service, typically concluding around 9:00 PM. This well-established restaurant has a rich history, having operated successfully for 96 years, building a strong reputation and loyal customer base. The sale includes not only the restaurant business but also two food trucks, further enhancing revenue streams. The asking price for this remarkable package is $4,250,000. Real estate taxes for the restaurant are $6,985 annually, and $6,746 for the marina. This is a rare chance to acquire a highly profitable, established business with significant growth potential in a prime waterfront location. The property's size and location make it an ideal investment for both seasoned restaurateurs and astute real estate investors seeking a unique and lucrative opportunity.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Lot 0.27 ac (11,761 SF)
    APN 0200-983.70-04.00-018.000
    UPID US63-0641505
    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
    Current use
    Occupant on record · Public records
    • Flo's Luncheonette Take-out & Catering
    • LibertyX Bitcoin ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    DVSC REALTY LLC
    DVSC REALTY LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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