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2925 N Wading River Rd

2,500 SF Retail Building Wading River, NY $699,000 ($280/SF)

Investment Highlights

  • Well Established restaurant for decades, current owners have had it for 13 years
  • Large lot, residential Rental included
  • East End of Long Island Location

Executive Summary

Owner may hold note, sale includes a residential rental property that is currently rented . Please call Chris for all financial information 516-971-0380

Property Facts

Sale Type
Sale Condition
Property Type
Property Subtype
Building Size
Sale Type
Sale Condition
Property Type
Property Subtype
Building Size
Building Class
Year Built
Sale Type
Sale Condition
Property Type
Property Subtype
Building Size
Building Class
Year Built
Price
Price Per SF
Business Value
Tenancy
Building Height
Land Acres
Investment or Owner User
Business Value Included
Retail
Restaurant
2,500 SF
Investment or Owner User
Business Value Included
Retail
Restaurant
2,500 SF
B
1930
Investment or Owner User
Business Value Included
Retail
Restaurant
2,500 SF
B
1930
$699,000
$280
$350,000
Single
1 Story
83.00 AC
Building Class
Year Built
Price
Price Per SF
Price
Price Per SF
Business Value
Tenancy
Building Height
Land Acres
B
1930
$699,000
$280
$699,000
$280
$350,000
Single
1 Story
83.00 AC
Business Value
Tenancy
Building Height
Land Acres
$350,000
Single
1 Story
83.00 AC
Zoning
Parking
Opportunity Zone
2
50 Spaces (10 Spaces per 1,000 SF Leased)
No
  • Listing ID: 17422044
  • Date Created: 10/10/2019
  • Last Updated:

zoning

Zoning Code 2

About 2925 N Wading River Rd , Wading River, NY 11792

Amazing opportunity to own this well established East End restaurant located near wineries, farms, golf, beaches Parks and more Turn Key - ready to go. This location has been a restaurant for decades, most recently under Michael Anthony's Food Bar for 13+ years. An upscale dining experience. All financial information available upon request by serious buyers. Possible seller financing. All items included in sale, Easily expand business hours to tap tourists and locals. 2 kitchens, beautiful private outside patio, great bar. Everything shines with pride of ownership. 80+ seats, ample easy parking. Sale includes lot on Hill St with residential home currently rented.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Michael Anthony's Food Bar
  • Retailers/Wholesalers
  • 2,500 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Michael Anthony's Food Bar Retailers/Wholesalers 2,500 SF - -

Links

Traffic

Collection Street Cross Street Traffic Volume Year Distance
Hulse Landing Rd 22nd St, NW 4,595 2018 1.00 mi
Sound Ave Fairway Ave, E 7,528 2018 1.32 mi
Sound Ave Peters Dr, W 15,589 2014 1.46 mi
N Wading River Rd Laurel Ct, SW 3,866 2015 1.52 mi
Sound Ave Wading River Manor Rd, W 15,555 2017 1.80 mi
Sound Ave Little Leaf Ct, E 14,636 2018 1.80 mi
Wading River Manor Rd Charles St, S 5,151 2018 1.89 mi
Sound Ave Oak Dr, E 6,750 2018 1.93 mi
Sound Rd Greenbriar Rd, SE 1,365 2018 2.00 mi
Fresh Pond Ave E 1st St, NW 1,342 2018 2.31 mi

Transportation

airplane iconAirport

Long Island MacArthur Airport
42 min drive 27.7 mi

Financial Summary (Actual - 2018)

Annual Annual Per SF
Taxes $17,237 $6.89
Operating Expenses - -
Total Expenses $17,237 $6.89

PROPERTY TAXES

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