302 Middle Rd Blue Point, NY 11715

Property Details for 302 Middle Rd

Lot size

0.27 lot acres

Property type

Drive through restaurants

APN

0200-983.70-04.00-018.000

APU

200983700400018000

Description

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.

Location Insight

City

Blue Point

County

Suffolk

State

New York

Longitude

-73.0279

Latitude

40.7475

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments