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MLS ID KEY958513Last updated Jul 15, 2026

Business

271 Woodcleft Avenue

Active · Hempstead · Nassau County, NY 11520

Asking price$2,750,000Request a Showing
Est. monthly taxes
$1,433.83
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About this home

OWN A PIECE OF LONG ISLAND HISTORY: THE ULTIMATE WATERFRONT RESTAURANT! For the first time in generations, an iconic Freeport restaurant is hitting the market! For 98 years, this legendary establishment has been the heartbeat of the community, boasting nearly a century of proven success. Whether you are a visionary chef, a seasoned operator, or a savvy investor, this is a "once-in-a-lifetime" opportunity to own a true historic Long Island trophy property.** **THE MAIN ESTABLISHMENT:** **Massive Capacity:** Host the crowds with seating for 150 indoors and an expansive, stunning outdoor deck that easily accommodates another 150 guests. **Chef’s Dream:** A massive, fully equipped main commercial kitchen PLUS a secondary snack bar kitchen for high-volume efficiency. Three full-service bars strategically located to maximize service and atmosphere. **RECENT IMPROVEMENTS:** **Brand New Rear Deck:** Completely rebuilt with new pilings (2025). **New Epoxy Kitchen Floor:** High-durability finish installed in 2023. **Upgraded Hot Water System:** New 100-gallon hot water heater, elevated 6ft for efficiency and safety. **Young Roof:** Approximately only 5 years old, providing peace of mind for years to come. **UNBEATABLE INCOME POTENTIAL:** **Waterfront & Docking:** Breathtaking views with ample docking space for customers—plus the incredible potential for additional dock rental income. **Upstairs Suite:** A huge second floor featuring 3 large rooms, 1 smaller room, and a bathroom. Currently used as office space, it offers prime potential for additional rental revenue. **INVESTMENT NOTE – THE PARKING LOT (Separate Listing):** This property includes a massive parking lot, currently available as a **separate listing**. This lot is a powerhouse of utility and additional income, featuring a **nice sized building** on-site with: * Residential Income:** A spacious **2-bedroom apartment** located upstairs. * Garage & Utility Hub:** The downstairs garage is fully optimized with a laundry room, an extra-large walk-in refrigerator for backup refrigeration, and an extra storage room**. This isn't just a business; it’s a legacy. With a location that can't be beat and a reputation that spans a century, this one-of-a-kind property is ready for its next chapter of success. **Don’t let this legendary opportunity sail away!. ** View MLS NUMBER. 958627 274 Woodcleft ave for lot

Listing snapshot

Days on site
59 days
Listed on MLS
Feb 4, 2026
Annual property tax (MLS)
$17,206
Tax year
2024
Listing brokerage
True North Realty Luxury Homes
MLS ID
KEY958513
Last updated
Jul 15, 2026

General features

Property type
Business
Water source
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected

Interior features

Heating
Baseboard, Electric, Natural Gas
Cooling
Electric
Appliances
Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Hempstead · Nassau County, NY 11520Show interactive map
271 Woodcleft Avenue

Hempstead · Nassau County, NY 11520

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Listing data is supplied by the MLS and may change without notice.