25 West Neck Rd - Freestanding FOR SALE


Shelter Island, NY 11964
$1,875,000 USD
631-725-0200
25 West Neck Rd, Shelter Island, NY for Sale
$1,875,000 USD
Freestanding - FOR SALE
1/26
null | Request Cap Rate

NEW


25 West Neck Rd
Shelter Island, NY 11964


HIGHLIGHTS

  • Strong investment opportunity offering multiple buildings, warehouse space, established tenants, and flexibility for owner occupancy.
  • Central location - limited commercial properties available on the island, cmoes with grease trap, grill and walk in refrigerator.
  • Ideally located in a scenic and historic coastal community, this property offers strong business functionality, ample parking, and access to a vibrant

OVERVIEW

25 West Neck consists of 3 single and separate buildings - Building 1 - consists of 2 retail spaces - 48 x 34.2 with basement. Two separate furnaces and two 275 gallon tanks. Two tenants occupy this building - Tenant 1 is a bagel company occupying 1,655 sq ft front entry with 7ft overhang porch. Full Board of Health Approval, New air Conditioner/Heater 2018, Industrial Exhaust 2020, Fire Suppression System., Walk-in refrigerator, Grease Trap 2024, Enclosed Trash Area. Tenant 2 is currently configured as a Dog Grooming Business - the new tenant of this space is going to renovate and turn this space into a construction office. Building 2 - consists of 1 retail space - 24.3 x 33.5 - has its own furnace and fuel tank. This space was occupied until recently by a hairdresser. Building 3 - consists of one large warehouse space with a drive-thru electric door, pad dumpster, six inch concrete floor and 100 amp power source. This could serve as a storage unit or an operational garage.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

B

APN/PARCEL ID

0700-014-00-03-00-075-006

ASK ABOUT THIS PROPERTY

Michael BrennanDouglas EllimanMore Info
631-725-0200

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Michael BrennanDouglas EllimanMore Info
631-725-0200

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