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For Sale

$275,000

150 days on market

Address Withheld By Request

Patchogue, NY 11772

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Turnkey restaurant and bar opportunity located in the heart of Downtown Patchogue Village. Approximate 2,400 SF fully built-out establishment with occupancy for 64 persons. Features full commercial kitchen with oven, range, skillet, deep fryer, walk-in refrigerator, dishwasher, full bar with tap lines, and take-out window. All equipment is owned, approximately 3 years old, with no leased equipment. Sale includes all bar sinks, ice bins, refrigerators, tables, chairs, and dining room seating. Entertainment features include elevated DJ booth, high-end audio system with subwoofer, lighting system, and surveillance system. Excellent opportunity for nightlife, restaurant, lounge, or hospitality concept with additional income potential through ghost kitchen or sub-lease operation. Gas heat and central air conditioning with two 5-ton HVAC units approximately 9 years old. Lease consists of 1 year remaining with 10-year option. NNN lease structure with monthly rent of $6,800. Prime downtown location surrounded by restaurants, bars, shopping, entertainment, and LIRR access. Serious inquiries only.

Listing agent (MLS): Steven Munoz · Listing brokerage (MLS): Century 21 Icon

Property Details

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Price

$275,000

Beds

Beds n/a

Type

Commercial

Home Size

Sqft n/a

Baths

Baths n/a

Year

Year n/a

Status

For Sale

Days on Market

150

· 8% down, 7% APR, 30yr fixed
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Courtesy of Century 21 Icon