Confidential Restaurant Opportunity
Transcription
Confidential Restaurant Opportunity
Confidential Restaurant Opportunity Sabre Investment Group 500 Old Country Road Suite 101 Garden City NY 11530 T 516 874 8070 x 1522 © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. INVESTMENT DESCRIPTION Anchor restaurant and real estate opportunity on the vibrant Nautical mile in Freeport. This restaurant holds three liquor licenses, two indoor (one on each level) and one outdoor on the water. Travel to this destination restaurant by car or by boat, the property comes with over 10 boat slips, along with three separate parcels across the street totaling 198 parking spots (more if you valet and stack). The building has undergone over one million dollars in renovations, including new kitchen, façade, elevator, outdoor bar, stone work, 3 zone sprinkler system, new ancel system, new HVAC units, new roof, dredged canal (6ft deep at low tide accommodating large boats) and new bulkhead; no expense has been spared. The restaurant and the business are for sale or can be leased, financials are available upon request. The sale of the property also comes with a 1600 SF building across the street from the main restaurant that has been used as a canteen to back up the catering business on the second level of the main restaurant. The additional building has a new kitchen and can be easily converted into a restaurant with the opportunity to purchase the abutting lot to satisfy parking. The 1600 SF building also has a 600SF apartment above that produces a rent of $1500 a month. All of the parcels can be sold as a package or separately. PRICING Asking Price: $ 2,750,000 CLICK HERE FOR VIDEO Property Characteristics Building SF (main): Building SF (canteen/APT): Lot Dimensions: Lot SF: Approximate Floor Size: Construction Type: 6,910 1,600 38,905 3,455 Concrete Parcel # 2009-62-177-00-0004-0 2009-62-177-00-0007-0 2009-62-173-00-0262-0 2009-62-173-00-0312-0 2009-62-173-00-0314-0 Stories: Zoning: Parking Spaces: Taxes: HVAC: Utilities: Other: Three General Business 200 $63,700 Three new five ton units Gas, public sewer ten boat slips © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] Property Characteristics (18 Woodcleft Avenue) Property Characteristics (23 Woodcleft Avenue) Property Characteristics (Front Street) Lot Dimensions: Lot SF: Construction Type: Parcel # Zoning: Parking Spaces: Taxes: Lot Dimensions: Lot SF: Construction Type: Parcel # Zoning: Parking Spaces: Taxes: Lot Dimensions: Lot SF: Construction Type: Parcel # Zoning: Parking Spaces: Taxes: 120' x 90' 10,800 Parking lot 2009-62-173-00-0312-0 general Business 67 $13,385 Property Characteristics (23 Woodcleft Avenue) Building SF: Lot Dimensions: Lot SF: Approximate Floor Size: Construction Type: Parcel # Stories: Zoning: Parking Spaces: Taxes: HVAC: Utilities: 6,910 60' x 65' 3,900 3,455 Concrete 2009-62-177-00-0004-0 Three General Business $22,444 Three new five ton units Gas, public sewer 5,200 Parking lot 2009-62-177-00-0007-0 General Business 67 $3,747 80' x65' 11,805 Parking lot 2009-62-173-00-0262-0 General Business 67 $19,884 Property Characteristics (28 Woodcleft Avenue) Building SF: Lot Dimensions: Lot SF: Approximate Floor Size: Construction Type: Parcel # Stories: Zoning: Parking Spaces: Taxes: HVAC: Utilities: Other: © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 1,600 80' x 90' 7,200 1,000 SF (first floor) 600 SF (second floor) Concrete 2009-62-173-00-0314-0 Two General Business $14,240 One new five ton unit Gas, public sewer Second level apartment For More Information about this listing: 516 874 8070 x1522 or [email protected] THE NAUTICAL MILE The Freeport Nautical Mile, operated by the Village of Freeport, is a picturesque waterfront main street running along the Woodcleft Canal. Waterside dining and an active nightlife draw tourists and locals alike to enjoy this excellent representation of seaside living on Long Island. The Freeport Nautical Mile gives residents and tourists of the South Shore of Long Island in Nassau County the opportunity to escape the urban and suburban drawl and to travel back to Long Island's maritime past. Antique lighting shines over omenade style sidewalks wide enough to accommodate the thousands of people who come out in the summer to enjoy the night scene and the beautiful warm weather of spring and summer. Party boats line up along Woofcleft Canal and set sail in the evening, providing breathtaking views of the South Shore from the East Bay and the Atlantic. The Nautical Mile is one of the South Shore's best family friendly attractions. The Crow's Nest Mini Golf course provides 18-holes of friendly competition along the canal's edge. A four-acre waterfront park and marina, called Sea Breeze is one of the most recent additions to the Nautical Mile, and visitors to the Mile enjoy the many benches along the boardwalk under antique-style lighting, looking out onto the water. Additionally, visitors can enjoy eating at the many restaurants in the area, or shopping at the stores and boutiques that line the canal. © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] RESTAURANTS DOWN THE NAUTICAL MILE 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Vue by E.B. Elliot’s Cleary’s by the Water The Tides Nautilus Caf é Qube Waterfront Dining Woodcleft Crab Shack The Bamboo Bar & Grill River House Grill El Toro 28 Jeremy’s Ale House Hurricane Harry’s Otto’s Sea Grill Rachel’s Waterside Nawlins Bracco’s Clam & Oyster Bar Hudsons on the Mile Paradise on the Mile Tropix on the Mile Tony Cuban The Helm Bar & Grill For More Information about this listing: 516 874 8070 x1522 or [email protected] This investment opportunity is conveniently located for its tenants – on the corner of Woodcleft Avenue and Front Street in Freeport, NY. There are many entertainment and dining spots down the Nautical Mile. There is easy access to Sunrise Highway where the Freeport LIRR Station is located. Major retailers in the area include: Ralph’s Italian Ices, Carvel, CVS, Dunkin Donuts, 7-Eleven, and many more. © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] Demographics 1 mile 3 miles 5 miles Population 19,066 133,557 352,552 Median HHI $86,954 $100,370 $100,477 6,474 50,111 137,042 Daytime Population © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] 1st FLOOR BAR / RESTAURANT © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] OUTDOOR BAR © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] OUTDOOR BAR & DINING © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] 3rd FLOOR RESTAURANT / CATERING © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected] © Sabre Real Estate Group, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. For More Information about this listing: 516 874 8070 x1522 or [email protected]