508 Main Rd - Medical FOR SALE


Riverhead, NY 11901
$1,650,000 USD
631-858-2460
508 Main Rd, Riverhead, NY for Sale
$1,650,000 USD
Medical - FOR SALE
1/13
null | 8.93% Cap Rate

508 Main Rd
Riverhead, NY 11901


HIGHLIGHTS

  • 7-Unit Income Producing Medical/Professional Office Building- Fully Occupied
  • Low Taxes + Low Expenses
  • Parking for 35 +/- Cars on 1.5 Acre Lot
  • Two Adjacent lots may also be made available for sale at additional cost

OVERVIEW

Situated in the heart of Aquebogue on Long Island's North Fork amongst the vines of its famous Wine Country you will find this Investment opportunity located at 508 Main Road. This 7-unit complex consists of 5,338 SF on a 1.50 Acre Lot. This Prime location is situated at a traffic lit intersection located less than 3 miles from the Peconic Bay Medical Center, a community hospital with access to bustling Downtown Riverhead, and all of its amenities, and national retailers. Ample parking for +/- 35 Vehicles. Ideal Investment Property! Two Adjacent Vacant Lots are also available for sale.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

8.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 3

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Hamlet Center

APN/PARCEL ID

0600-066-00-02-00-015-000

ASK ABOUT THIS PROPERTY

Michael MurphyDouglas Elliman CommercialMore Info
631-858-2460

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Michael MurphyDouglas Elliman CommercialMore Info
631-858-2460

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