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154 W Broadway 7,632 SF Vacant Retail Building Port Jefferson, NY 11777 $2,665,845 CAD ($349.30 CAD/SF)
Investment Highlights
- Freestanding building with fully equipped turnkey restaurant on second floor overlooking Port Jefferson Harbor
- On-site parking and adjacent municipal lot
- On sewer
- Ground floor retail/office spaces
- Less than half a mile from Port Jefferson Ferry
Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 154 W Broadway, Port Jefferson, NY.
The subject property is a 7,632 SF freestanding building situated on a 16,780 SF lot with 125 feet of frontage on Route 25A in the Village of Port Jefferson.
The building includes a turnkey 3,962 SF restaurant on the second floor with lobby/coat check on the ground floor and ~320 SF of storage/stock room and walk-in box. The ground floor has an additional ~2,700 SF of retail/office space in unit 1 and ~600 SF of retail/office space in unit 2. The restaurant is fully equipped with all furniture, fixtures, and kitchen equipment and features a 110-seat dining room with full bar and commanding views of Port Jefferson Harbor.
The property is on sewer and features 28 on-site parking spaces, with additional municipal parking adjacent to the building. The restaurant presents an opportunity to be in Port Jefferson's thriving downtown and entertainment district, less than half a mile from the marina and ferry terminal and located across the street from The Shipyard at Port Jefferson, a 112-unit luxury residential complex, and Overbay Apartments, a 52-unit luxury residential community.
The property is an opportunity for an experienced restaurant and hospitality operator seeking to acquire a turnkey establishment with a substantial kitchen and significant capital improvements already completed.
The subject property is a 7,632 SF freestanding building situated on a 16,780 SF lot with 125 feet of frontage on Route 25A in the Village of Port Jefferson.
The building includes a turnkey 3,962 SF restaurant on the second floor with lobby/coat check on the ground floor and ~320 SF of storage/stock room and walk-in box. The ground floor has an additional ~2,700 SF of retail/office space in unit 1 and ~600 SF of retail/office space in unit 2. The restaurant is fully equipped with all furniture, fixtures, and kitchen equipment and features a 110-seat dining room with full bar and commanding views of Port Jefferson Harbor.
The property is on sewer and features 28 on-site parking spaces, with additional municipal parking adjacent to the building. The restaurant presents an opportunity to be in Port Jefferson's thriving downtown and entertainment district, less than half a mile from the marina and ferry terminal and located across the street from The Shipyard at Port Jefferson, a 112-unit luxury residential complex, and Overbay Apartments, a 52-unit luxury residential community.
The property is an opportunity for an experienced restaurant and hospitality operator seeking to acquire a turnkey establishment with a substantial kitchen and significant capital improvements already completed.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$56,136
|
$7.36
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$56,136
|
$7.36
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $56,136 |
| Annual Per SF | $7.36 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $56,136 |
| Annual Per SF | $7.36 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,632 SF
Building Class
C
Year Built/Renovated
1955/2012
Price
$2,665,845 CAD
Price Per SF
$349.30 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.39 AC
Zoning
MW-1 (Marina Waterfront)
Parking
28 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
116’ on Broadway Rd
Amenities
- Restaurant
- Signage
- Waterfront
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Fully equipped restaurant. 110 seats, full bar and patio seating. High-end build-out. Furniture, fixtures and kitchen equipment included. Freestanding building on sewer.
Fully equipped restaurant. 110 seats, full bar and patio seating. High-end build-out. Furniture, fixtures and kitchen equipment included. Freestanding building on sewer.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000 SF | Restaurant | Outparcel | Now |
| 2nd Floor | 2,000 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 2,000 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
2nd Floor
| Size |
| 2,000 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 2,000 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Fully equipped restaurant. 110 seats, full bar and patio seating. High-end build-out. Furniture, fixtures and kitchen equipment included. Freestanding building on sewer.
2nd Floor
| Size | 2,000 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Fully equipped restaurant. 110 seats, full bar and patio seating. High-end build-out. Furniture, fixtures and kitchen equipment included. Freestanding building on sewer.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0207-011-00-03-00-020-002 | Total Assessment | $14,100 CAD (2024) |
| Land Assessment | $1,382 CAD (2024) | Annual Taxes | $56,136 CAD ($7.36 CAD/SF) |
| Improvements Assessment | $12,718 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
0207-011-00-03-00-020-002
Land Assessment
$1,382 CAD (2024)
Improvements Assessment
$12,718 CAD (2024)
Total Assessment
$14,100 CAD (2024)
Annual Taxes
$56,136 CAD ($7.36 CAD/SF)
Tax Year
2025
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154 W Broadway
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