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Turnkey well-established Restaurant/Building 46 Woodcleft Ave 3,516 SF Retail Building Freeport, NY 11520 $999,999 ($284.41/SF)
Executive Summary
This highly desirable waterfront destination is renowned for its lively dining scene, making it an excellent opportunity for an ambitious restaurateur or a savvy investor seeking a long-term asset.
For over 30 years, this property has operated as a well-established steak and seafood restaurant, earning a reputation as one of Long Island’s premier dining establishments. It offers an ideal location for those looking to launch their own restaurant in a popular culinary hub known for diverse cuisine offerings.
Investors also have the opportunity to lease the space while holding the property for long-term ownership. The property includes parking for 18 vehicles—2 in the front, 5 in the back, and 11 on a leased parcel from a neighboring owner.
Spanning two floors, the main dining area (2,088 SF) accommodates 14 tables and 59 chairs, while the second floor (1,428 SF) includes employee rooms and storage. Additionally, a separate back cabin (380 SF) on the parking lot serves as a fresh produce storage area. No Basement.
- Seller financing available for qualified buyers
For over 30 years, this property has operated as a well-established steak and seafood restaurant, earning a reputation as one of Long Island’s premier dining establishments. It offers an ideal location for those looking to launch their own restaurant in a popular culinary hub known for diverse cuisine offerings.
Investors also have the opportunity to lease the space while holding the property for long-term ownership. The property includes parking for 18 vehicles—2 in the front, 5 in the back, and 11 on a leased parcel from a neighboring owner.
Spanning two floors, the main dining area (2,088 SF) accommodates 14 tables and 59 chairs, while the second floor (1,428 SF) includes employee rooms and storage. Additionally, a separate back cabin (380 SF) on the parking lot serves as a fresh produce storage area. No Basement.
- Seller financing available for qualified buyers
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,516 SF
Building Class
C
Year Built
1945
Price
$999,999
Price Per SF
$284.41
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.17 AC
Zoning
Marine Industrial (I)
Frontage
8’ on Woodcleft Ave
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2009-62-173-00-0317-0 | Improvements Assessment | $2,466 (2025) |
| Land Assessment | $1,588 (2025) | Total Assessment | $4,054 (2025) |
Property Taxes
Parcel Number
2009-62-173-00-0317-0
Land Assessment
$1,588 (2025)
Improvements Assessment
$2,466 (2025)
Total Assessment
$4,054 (2025)
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Turnkey well-established Restaurant/Building | 46 Woodcleft Ave
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