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585 Forest Ave 3,600 SF 100% Leased Retail Building Staten Island, NY 10310 $1,709,544 CAD ($474.87 CAD/SF)



Executive Summary
Prime Turnkey Restaurant & Real Estate Opportunity on High-Traffic Main Road.
Rare opportunity to acquire an investment property with a well-established and fully operational bar & restaurant on busy Forest Avenue, located in the Forest Avenue Business Improvement District. This highly visible, two-story, 3,600 sf restaurant features indoor and outdoor dining on the patio. Rear yard with off-street (6 car) parking spaces on this large 10,200-sf corner lot. The restaurant boasts a full bar on main floor, dining, restrooms, kitchen.
2nd Floor has large open floor plan for additional dining or catered events with restrooms. Property has full basement, potential walk-up attic, central air, and sprinkler system. Ideal for experienced restaurateur, or investor seeking desirable commercial property in this R3X/C2-1 zoned lot. Beyond restaurant use, this property could be converted to retail, professional offices, or community facilities. This vibrant Forest Avenue location is in the heart of the BID where parades and community events are held with heavy foot and car traffic. Minutes to expressways, MLK Expressway to Bayonne Bridge, I-278 to Verrazano Bridge, Brooklyn, Manhattan, SI Ferry via bus or car.
Neighbors include Starbucks, CVS, Supermarket, Funeral homes, Banks, privately owned restaurants, bars, cafes, Dunkin Donuts, McDonalds, Gym, City MD, real estate and law firms, and more! The property will be delivered vacant upon the sale, affording the buyer the opportunity as an occupant to operate a turnkey business or secure a tenant with key money for the fully equipped restaurant/bar. Don’t miss this rare opportunity and make this your next home for your business.
Rare opportunity to acquire an investment property with a well-established and fully operational bar & restaurant on busy Forest Avenue, located in the Forest Avenue Business Improvement District. This highly visible, two-story, 3,600 sf restaurant features indoor and outdoor dining on the patio. Rear yard with off-street (6 car) parking spaces on this large 10,200-sf corner lot. The restaurant boasts a full bar on main floor, dining, restrooms, kitchen.
2nd Floor has large open floor plan for additional dining or catered events with restrooms. Property has full basement, potential walk-up attic, central air, and sprinkler system. Ideal for experienced restaurateur, or investor seeking desirable commercial property in this R3X/C2-1 zoned lot. Beyond restaurant use, this property could be converted to retail, professional offices, or community facilities. This vibrant Forest Avenue location is in the heart of the BID where parades and community events are held with heavy foot and car traffic. Minutes to expressways, MLK Expressway to Bayonne Bridge, I-278 to Verrazano Bridge, Brooklyn, Manhattan, SI Ferry via bus or car.
Neighbors include Starbucks, CVS, Supermarket, Funeral homes, Banks, privately owned restaurants, bars, cafes, Dunkin Donuts, McDonalds, Gym, City MD, real estate and law firms, and more! The property will be delivered vacant upon the sale, affording the buyer the opportunity as an occupant to operate a turnkey business or secure a tenant with key money for the fully equipped restaurant/bar. Don’t miss this rare opportunity and make this your next home for your business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Building Class
B
Year Built
1931
Price
$1,709,544 CAD
Price Per SF
$474.87 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.35
Lot Size
0.23 AC
Zoning
R3X - A low-density, contextual residential zoning district in NYC (found in Queens, Staten Island, Bronx, and Brooklyn) restricted to detached one- and two-family homes.
Frontage
35’ on Forest Ave
Amenities
- Bus Line
- Freeway Visibility
- Signage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
1 of 22
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585 Forest Ave
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