485 Waverly Avenue, Patchogue, NY 11772
Suffolk County
Key Facts
Description
Here is the chance to acquire a successful, turnkey bar opportunity! This location has been a mainstay in the community-- attracting locals, many traveling billiards and dart teams, and an ever-growing group of steady customers in a very high-traffic area. This establishment has been transformed into a profitable fully-equipped and fully-operational bar over the course of its steady 10+ year success. Despite proven success, there is room for even more growth via exploiting strategies like marketing, social media and more! This location is a double storefront with access to a full basement for storage and it's own cesspool. The heating unit was just recently replaced by the landlord as well. There are 9 years left on the current 20-year lease with the intention of transferring over to the new owner. All operating equipment like the multiple high-end commercial refrigerators, ice machine, 6 TVs, 2 billiards tables, lotto machine and security system, as well as any unopened bottle inventory are included in the list price. This is a rare opportunity-- act fast! **Please direct all interest, communication, or questions to listing agent-- owner does not want any attention at the location. Showings are allowed M-F&Sun before 12pm.
Property Information
Property Type
Business Opportunity
Living Area
1,645 sq ft
Lot Size
0.38 acres
Days on Market
131
MLS® Listing#
930798
Property Features
Appliances
Basement
Financial Details
Annual Taxes
$49,923
Assessed Value
$8,470
Parcel Number
0200-951-00-05-00-028-000
Directions
Please use GPS
Affordability Calculator
$45,000
Estimated monthly payment
$1,198/mo
Principal $180,000 · Est. interest $251,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Patchogue, NY
- $651,852
- Median Listing Price
- 32
- Median Days on Market
- 1,708
- Median Sq Ft
- $398
- Median Price / Sq Ft
- 76
- Active Listings
- This home’s price is 65% below the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Patchogue, NY.
Location
- 485 Waverly Avenue, Patchogue, NY 11772
Points of Interest in Patchogue, NY
Showing the Patchogue area map.
Nearby Schools
Abigail Bottoms Nursery School
School · 0.1 mi away
Mommy & Me
School · 0.1 mi away
Canaan Elementary School
Elementary · 0.6 mi away
Sequoya Middle School
Elementary · 0.9 mi away
River Elementary School
Elementary · 1.4 mi away
Medford Elementary School
Elementary · 1.5 mi away
Emanuel Lutheran School
Elementary · 1.7 mi away
Tamarac Elementary School
Elementary · 1.7 mi away
Saxton Middle School
Secondary · 1.7 mi away
Kiddie Kollege Nursery School
Elementary · 1.7 mi away
Holy Angels Regional School
Elementary · 1.8 mi away
Merrimac Elementary School
Elementary · 1.8 mi away
James Wilson Young Middle School
Secondary · 1.8 mi away
South Ocean Middle School
Secondary · 1.9 mi away
Barton Elementary School
Elementary · 1.9 mi away
Patchogue-Medford School District
School · 1.9 mi away
Sylvan Avenue Elementary School
Elementary · 2.0 mi away
Eastern Suffolk Boces
School · 2.0 mi away
Bay Elementary School
Elementary · 2.1 mi away
Blue Point Elementary School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 40-218 W 4th Street 218, Patchogue, NY | $219,000 | 1 | 1 | 800 |
| 246 Fairharbor Drive 246, Patchogue, NY | $220,000 | 1 | 1 | 500 |
| 279 CLINTON Avenue, East Patchogue, NY | $225,000 | — | — | — |
| 0 walker Avenue, East Patchogue, NY | $275,000 | — | — | — |
| 68 Fairharbor Drive 68, Patchogue, NY | $275,000 | 1 | 1 | 650 |
| 147 Fairharbor Drive 147, Patchogue, NY | $289,000 | 1 | 1 | 675 |
Moving Cost Estimate
EXIT Agents in Patchogue
Listing Courtesy: Signature Homes of New York - 6319097200
Presented by: Nicholas A. DelGiudice
Fair Housing Notice