$1,388,000
1175 W Main ST Riverhead, NY 11901
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$1,388,000
Est. payment /mo
0.91 Acres Lot
Price Dropped by $300K
1175 W Main ST Riverhead, NY 11901
UPDATED:
10/29/2024 03:24 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3561593
Originating Board onekey
Rental Info No
Year Built 1938
Annual Tax Amount $15,662
Lot Size 0.910 Acres
Acres 0.91
Property Description
Calling All Investors, Developers, End-Users & Restauranteurs!!! 5,600+ Sqft. Restaurant/Warehouse With HUGE Parking Lot For Sale!!! The Property Features Excellent Signage, Great Exposure, High 16' Ceilings, 58 Parking Spaces, 223' Of Frontage, Strong RFC Zoning, Outdoor Seating, 4 Skylights, Low Property Taxes, Strategically Placed Curb Cut, 2 Warehouse Bays, Office Area, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Riverhead Minutes From Tanger Outlets, Riverhead Raceway & Splish Splash!!! The Property Has Been Home To A Successful Restaurant For 23+ Years!!! Neighbors Include Toyota, Nike, Walmart, Costco, The Home Depot, Target, Lowe's Home Improvement, Riverhead Building Supply, CubeSmart Self Storage, Marshalls, HomeGoods, Mattress Firm, IHOP, +++!!! The Entire Property Can Be Delivered Vacant!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Expenses: Insurance: $2,843 Ann. Maintenance & Repairs: $250 Ann. Taxes: $15,662.18 Ann. Total Expenses: $18,755.18 Ann. Net Operating Income: $41,244.82 Ann.
Location
State NY
County Suffolk
Zoning warehouse
Interior
Fireplace No
Building
Story 1
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • 516-783-5600
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