230 W Main St - Office FOR SALE


Riverhead, NY 11901- Downtown Riverhead
$698,000 USD
516-810-0900
230 W Main St, Riverhead, NY for Sale
$698,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

NEW


230 W Main St
Riverhead, NY 11901
Downtown Riverhead


HIGHLIGHTS

  • High Visibility 2-Story Building
  • Close to Courts & County Center
  • Ideal Location for Office, Cafe, Deli, Bakery, Salon, and more
  • Residential Apartments on Second Floor - A Possiblity
  • Vacant Lot Next Door is For Sale - Double the Yeild

OVERVIEW

Professional 2-Story Office Building - The most affordable commercial building on Main St. Riverhead. Close to all - courts, restaurants, train, bus, riverfront parks, museums, aquarium, and more. Very near to the Town of Riverhead’s proposed Transit-Oriented Development - a mixed-use development of over 240 apartments. Zoning permits office, retail, restaurants, cafes, bakeries, ice cream parlors, personal service, art galleries, and more. FAR is 150%, which equals over 10,000 sq.ft. Permitted height would allow 3 stories. This extremely manageable building is perfect for an owner user. Use a portion of the building for your business and receive income from the balance of space. Excellent investment property. CONTIGUOUS LOT IS FOR SALE - See land listings - would double the yield.

FOR SALE DETAILS

PRICE

$698,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Best Deal On Main Street

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Commercial

APN/PARCEL ID

0600-128-00-03-00-031-000

ASK ABOUT THIS PROPERTY

Laurence OxmanEast End Commercial Real EstateMore Info
516-810-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Laurence OxmanEast End Commercial Real EstateMore Info
516-810-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.