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Calling All Investors, Developers, End-Users & Restauranteurs!!! 2,800 Sqft. Waterfront Restaurant For Sale!!!The Property Features Excellent Signage, Great Exposure, High 18' Ceilings, 59 Indoor Seats, 98 Outdoor Seats, 15 Seats In The 3 Season Room, 40 Parking Spaces, 240+ Feet Of Waterfront, 34 Boat Slips, Strong Zoning, 2 Private Parking Lots, 2 Bars, 5 Strategiccally Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Has A BRAND NEW Bulkhead Completed In 2023!!! The Property Is Located In The Heart Of West Babylon On Beautiful Bergen Point!!! The Property Is Currently Home To A Successful Restaurant That Does Over $1 Million Gross Per Year With High Profit Margins!!! Neighbors Include Starbucks, Honda, Stop & Shop, CVS, 7-Eleven, Panera Bread, AutoZone, PetSmart, McDonald's, Taco Bell, Marshall's, DSW Shoe Warehouse, Old Navy, Aldi, L.A. Fitness, Five Below, Burger King, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Income: Restaurant: $120,000 Ann. (Available) Boat Slip Rentals: $125 Per Foot; $106,250 Ann. Gross Income: $226,250 Ann. Expenses: Insurance: $2,813 Ann. Maintenance & Repairs: $250 Ann. Taxes: $26,156 Ann. Total Expenses: $29,219 Ann. Net Operating Income (NOI): $197,031 Ann. (Pro Forma 9.9 Cap!!!)PROPERTY FEATURES
PROPERTY DETAILS
Street Address: 301 Bergen
City: West Babylon
State: New York
Postal Code: 11704
County: Suffolk
MLS Number: ONE3471773
Courtesy of Coldwell Banker Estates
City: West Babylon
State: New York
Postal Code: 11704
County: Suffolk
MLS Number: ONE3471773
Courtesy of Coldwell Banker Estates
Courtesy of Century 21 AA Realty