370 Manor Lane, Jamesport, NY 11947 370 Manor Ln

Investment Highlights

Calling All Investors, Developers, End-Users & Restauranteurs!!! 6,600+ Sqft. Impeccable Restaurant / Event Venue On 4 Acres For Sale!!! The Property Is Located In The Heart Of Jamesport On Manor Lane Near Iron Pier Beach, Long Island National Golf Club & Jason?s Vineyard!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Dunkin?, Walgreens, +++!!! The Property Features Excellent Signage, Great Exposure, High Ceilings, Indoor/Outdoor Seating, Full Commercial Kitchen, Full Basement, +++!!! The Property Is Situated In Between The Long Island Sound & Peconic Bay On The Dimon Estate!!! This Property Offers HUGE Upside Potential!!!

Executive Summary

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 Cuts, 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!!!)

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Convenience Store General Retail Fast Food General Retail Freestanding Restaurant
• Building Size    6,681
• Building Class    C
• Year Built/Renovated    1947/2006
• Price    2,250,000
• Price Per SF    337
• Cap Rate    19.85
• NOI    446,672
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.04
• Land Acres    3.78 AC

• 24 Hour Access
• Courtyard
• Fenced Lot
• Fireplace
• Restaurant
• Security System
• Signage
• Tenant Controlled HVAC
• Storage Space
• Air Conditioning