Restaurant with Liquor License & Parking 170 N Main St 2 000 pi² d'espace disponible • Commerce de détail • New City, NY 10956

Mille Luci, located at 170 North Main Street in New City, New York, presents a rare opportunity to acquire a fully built-out, turnkey restaurant in the heart of one of Rockland County’s most established and evolving retail corridors. This approximately 2,000 square foot space blends old-world Italian heritage with a modern, upscale dining atmosphere, creating a warm, vibrant setting that includes a full dining room, bar area, and a spacious commercial kitchen equipped with a 12-foot hood system. The existing layout and infrastructure allow for immediate operation or seamless repositioning into a new concept, with a full liquor license already in place to support both food and beverage revenue streams. The offering is priced at $549,999, with a lease of $6,517.98 per month on a triple net basis, inclusive of 3% annual increases, and a favorable term of five years with a five-year renewal option. The property is further enhanced by ample on-site parking, a key differentiator in suburban restaurant markets, along with full accessibility for patrons. Strategically positioned along North Main Street, the property benefits from strong visibility and consistent traffic within New City’s primary commercial corridor, which is actively transitioning toward a more walkable, mixed-use environment supported by municipal revitalization efforts. The surrounding demographics are particularly compelling for restaurant operators, with a median home value approaching $780,000 and per capita income exceeding $62,000, reflecting a highly affluent and stable consumer base with strong discretionary spending habits. The local dining scene is well-established, featuring a diverse mix of Italian, American, and casual upscale concepts, yet there remains a consistent demand for quality dining experiences, especially those that combine atmosphere, food, and beverage offerings. Importantly, opportunities to acquire second-generation restaurant spaces with existing infrastructure, liquor licenses, and parking are extremely limited in this market, creating a significant barrier to entry that enhances the value of this offering. From an investment perspective, Mille Luci stands out as a low-friction entry into a high-performing suburban dining market. The relatively moderate rent, estimated at approximately $78,000 annually, provides a favorable occupancy cost ratio relative to projected restaurant revenues, allowing for strong potential margins under experienced operation. In addition, ongoing and proposed multifamily developments within the Main Street corridor are expected to increase local population density and further drive foot traffic, directly benefiting nearby retail and restaurant operators. While the current concept focuses on Italian cuisine, the existing kitchen infrastructure and layout are flexible enough to support a wide range of uses, including upscale casual dining, steakhouse, seafood, Mediterranean, or modern American concepts. Coupled with an existing customer base, established brand presence, and the continued growth of the surrounding area, Mille Luci represents a compelling opportunity for restaurateurs and investors seeking a well-located, fully equipped asset in an affluent and expanding market.