5422 Merrick RdMassapequa, NY 11758

This exceptional investment opportunity presents a thriving, owner-occupied restaurant and property located at 5422 Merrick Road, Massapequa, NY 11758. The 2,568 square foot building, constructed in 1961, sits on a 10,000 square foot lot and boasts 18 dedicated parking spaces. Currently operating as a highly successful Italian restaurant, consistently ranked among Long Island's top ten for a decade, this single-unit property offers a turnkey operation with 100% occupancy. The asking price is $1,300,000, representing a compelling $506.23 per square foot and a 6.00% cap rate. The property features a modified lease type with no remaining term, reflecting owner-occupied status. Annual property taxes are $36,733. The versatile space presents potential for conversion to medical use. This is a rare chance to acquire a well-established business with significant upside potential in a desirable Nassau County location. The property's strong history, prime location, and ample parking make it an attractive investment for both seasoned restaurateurs and those seeking a diverse portfolio addition. The existing restaurant offers a diverse menu, including gluten-free options, and caters to special events.