361 Main St Center Moriches, NY 11934
- Turn key restaurants
- 0.50 lot acres
Current Use by Public Records
- Sea Cove / Italian Restaurant / American Restaurant
Property Details for 361 Main St
- Lot size
- 0.50 lot acres
- Property type
- Turn key restaurants
- APN
- 0200-858.00-01.00-007.000
- APU
- 200858000100007000
Description
This exceptional 6,100-square-foot retail space, located at 361 Main Street in Center Moriches, NY 11934, presents a unique investment opportunity. Currently vacant, this single-tenant property boasts a prime location on a signalized corner of busy Montauk Highway (Main Street), benefiting from high visibility and significant daily traffic counts exceeding 14,361 vehicles. The building offers 25 parking spaces for customer convenience. The property features approximately 80 feet of frontage on Main Street and approximately 131 feet of frontage on Newins Street. Previously operating as a fully equipped restaurant, the space is capable of seating 242 patrons indoors, with an additional 25 seats available for outdoor dining. Financial records indicate gross receipts exceeding $1,600,000.00 and a net income of $250,000. The asking price for lease is $13,000 per month gross. The owner is also considering a sale, with a key money requirement of $600,000, and is open to a down payment of $400,000. This property is ideal for a variety of restaurant or retail concepts seeking a high-traffic location with ample space and parking. The property's size, location, and previous success make it an attractive proposition for discerning investors and business owners.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Center Moriches
- County
- Suffolk
- State
- New York
- Longitude
- -72.7928
- Latitude
- 40.8008
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
