Description
566,000 sq.ft. of PRIME COMMERCIAL LAND on ROUTE 58, RIVERHEAD. Next to Riverhead Tanger Factory Outlets. Tanger Outlet attracts more than 10 million shoppers annually with over 160 brand name stores. Route 58 is the commercial hub of Eastern Long Island, including the North Fork, South Fork, and all the Hamptons.
High visibility, excellent curb appeal. Site is strategically positioned between the Tanger Outlets, Home Depot and the new Lowe' s Home Improvement site.
Zoned Commercial - permitted uses include, big box, shopping center, retail, fast food, restaurants, health clubs, and financial institutions, office, mixed use. 20% (113,000 sq.ft.) coverage as of right, coverage can be increased to 30% (170,000 sq.ft.) with purchase of TDR' s. Water & Sewer.
Lowest price property on Route 58. Owner financing for qualified buyer. Would consider Joint Venture.
LOCATION: Route 58 - Just east of Tanger Outlets, west of Home Depot, Stop & Shop, and new Lowe's Home Improvement.
DIRECTIONS: Long Island Express - East - to last exit (73), just past Tanger Outlets, on same side of road - See Photo.