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Off Market
1/17

5087 Sound Ave
Riverhead, NY 11901


HIGHLIGHTS

  • Liquor store completely renovated
  • Deli has new lighting, hot food bar and fridge.
  • Excellent central, high traffic location
  • 3 bedroom apartment with excellent rental history

OVERVIEW

This exceptional property features two newly renovated buildings on a high-traffic road, making it an ideal investment. The first building is a 600 sq ft liquor store with a fully updated interior, new counters, and a full basement. The second building is a 1,700 sq ft deli, equipped with a full kitchen, new lighting, a hot food bar, and a new fridge, alongside the existing walk-in fridge. The business, including both the liquor store and deli, is included in the sale, with inventory negotiable separately. Above the deli is a spacious 3-bedroom, 1-bath apartment, recently refreshed with updated floors and paint, and featuring a rebuilt boiler and appliances less than two years old. Both buildings are equipped with central air conditioning and new above-ground oil tanks, with a total of 11 parking spots available, making this a prime turnkey property with strong income potential.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

2300

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

0600-020-00-04-00-002-000