1.5 Acre Corner Assemblage
Redevelopment/Further Development Opportunity
Spectacular Exposure on Route 112 Traffic Light Intersection
Office Building & Land – Available in Bulk or Individually
Details:
590 Route 112 & No # Terryville Road, Port Jefferson Station, NY 11776
51,643 Sq Ft & 13,558 Sq Ft Lots – Available in Bulk or Individually
Improved with a Newly Gut Renovated 1,964 Sq Ft Office Building & Former Bank Drive-Through ATM
Rear Tax Lot is Accessible to Both Route 112 & Terryville Road
Prime Further Development Opportunity of Solely the Rear Lot or Redevelopment Opportunity of Both Lots
Daily Traffic Count of 28,737 Vehicles on Route 112
Daily Traffic Count of 7,894 Vehicles on Terryville Road
Half-Mile to Port Jefferson LIRR Station & Route 347
Close Proximity to Downtown Port Jefferson, Mather Hospital, St Charles Hospital & More
J2 Zoning
Property #1: Terryville Road
Former Bank Drive-Through ATM
51,643 Sq Ft Lot
Annual Real Estate Taxes: $11,389.89
Section: 160 Block: 6 Lot: 6
Previously Listed at $895,000
$400,000 Opening Bid
Property #2: 590 Route 112
1,964 Sq Ft Newly Gut Renovated Office Building
13,558 Sq Ft Lot
12 Parking Spaces
1st Floor is Vacant & Delivered Vacant at Closing
2nd Floor is Occupied Through 2024 (Early Termination by Landlord Clause with 90 Days Notice)
$1,545/Month Base Rent & $150 Additional Rent – 3% Annual Escalations
Annual Real Estate Taxes: $11,389.89
Section: 160 Block: 6 Lot: 7
Detailed Description Available Under the Documents Tab
Previously Listed at $825,000
$300,000 Opening Bid
Combined Property Information:
Lot Size: 65,201 Sq Ft (1.5 Acres)
Section: 160 Block: 6 Lots: 6 & 7
Annual Real Estate Taxes: $22,779.78
Previously Listed at $1,720,000
$700,000 Opening Bid