Active
370 Manor Lane
Riverhead NY, 11901
$2,150,000
$321.81 per sqft
Active
6,681 sqft
Commercial
Built in 2006
Calling All Investors, Developers, End-Users & Restauranteurs!!! 6,600+ Sqft. Impeccable Restaurant / Event Venue On 4 Acres For Sale!!! The Property Features Excellent Signage, Great Exposure, High Ceilings, Indoor / Outdoor Seating, Full Commercial Kitchen, Full Basement, Showcase Gardens, 86 Parking Spaces, 2 Br. Apartment, Strong Zoning, Full Bar, Multiple Private Parking Lots, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamesport On Manor Lane Near Iron Pier Beach, Long Island National Golf Club & Jason's Vineyard!!! The Property Is Situated In Between The Long Island Sound & Peconic Bay On The Dimon Estate!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Dunkin', Walgreens, Bob's Discount Furniture, Mattress Firm, HomeSense, Buffalo Wild Wings, Davis Visionworks, McDonald's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Income: Restaurant / Event Venue: $480,000 Ann. (Available) Pro Forma Gross Income: $480,000 Ann. Expenses: Insurance: $2,813 Ann. Maintenance & Repairs: $250 Ann. Water: $1,022 Ann. Taxes: $29,243 Ann. Total Expenses: $33,328 Ann. Net Operating Income (NOI): $446,672 Ann. (Pro Forma 19.85 Cap!!!)
L3543590
MLSⓇ ID
April 10, 2024
Listed
December 9, 2024
Updated
Map
370 Manor Lane
Riverhead NY, 11901
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
4 Acres
Other Property Details
Taxes
$29,243
Tax Frequency
Annually
Days on Market
238
Garage
No
Parking Total
86
View
No
County
Suffolk County
Pool
No
Zoning
421 Restnt
Listed by Richard Matt Shane with All Island Estates Realty Corp
Listing Contact: 516-783-5600
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Robert Canberg Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 5:34 PM UTC, 12/9/2024