Marcus & Millichap is pleased to present the opportunity to acquire 61 E Main Street (the “Subject Property”), a retail asset located in the heart of Downtown Riverhead, NY.
The property sits on a 0.06-acre parcel and comprises +/- 2,025 SF of space. It is 100% occupied by Giacalone Insurance, a long-standing tenant that has operated at this location since 2006, underscoring the property’s stability and enduring appeal. The tenant is responsible for CAM, utilities, trash removal, and repairs & maintenance. The property also benefits from municipal parking at both the front and rear.
Strategically located within Riverhead’s walkable downtown, the Subject Property benefits from steady year-round foot traffic and immediate access to a diverse mix of local retailers, restaurants, service providers, and civic uses. The corridor is further energized by major visitor attractions such as the Long Island Aquarium, which draws hundreds of thousands of guests annually and reinforces Main Street as a true regional destination.
The area itself is experiencing notable reinvestment, with several new mixed-use and hospitality developments underway, adding residential density, activating the streetscape, and strengthening the long-term fundamentals of the district. This combination of daily-needs retail, tourism-driven activity, and ongoing public and private investment underscores the enduring stability and appeal of the location.