111 Mill Dam Rd
Centerport, NY 11721
AUCTION: Dec 5th. 8,150 Sq Ft Retail Strip · Retail Property For Sale

Immediate Sale Directed via Public Auction 8,150 Sq Ft Retail Strip Center 1,800 Sq Ft & 6,350 Sq Ft Buildings – Available in Bulk or Individually Details: 105 & 109-111 Mill Dam Road, Centerport, NY 11721 8,150 Sq Ft Total: 1,800 & 6,350 Sq Ft Buildings + Full Basements Throughout Onsite, Street & Municipal Parking Available Tenants Pay for Electric, Fuel & Water 105 Mill Dam Road 1,800 Sq Ft Retail Building + Full Basement (8' Ceilings) Vacant Retail Storefront (Former Karate Studio) .06 Acre Lot with Front Parking Lot Section: 40; Block: 4; Lot: 3 Market Value as Assessed: $250,000 Annual Real Estate Taxes (2018-19): $6,071.42 Previously Listed at $425,000 $200,000 Opening Bid 109-111 Mill Dam Road Additional Information: 6,350 Sq Ft Retail Building + Full Basement (8' Ceilings) Three Retail Storefronts .56 Acre Lot with Front & Rear Parking Lots Chinese Restaurant (1,250 Sq Ft): Monthly Rent: $2,272 Lease Expiration: 12/31/2028 Rent Payments: Current Eatery (3,850 Sq Ft): Monthly Rent: $4,590 Lease Expiration: 12/31/2028 Rent Payments: In Default – Stipulation Signed & Defaulted. Tenant Makes Partial Payments Towards Obligations Vacant Space (1,250 Sq Ft) Formerly Occupied by Nail Salon Section: 40; Block: 4; Lot: 7.003 Market Value as Assessed: $1,162,307 Annual Real Estate Taxes (2018-19): $28,227.37 $500,000 Opening Bid Half Mile to Centerport Harbor, Mill Pond & More Built in 1960 Properties Offered for Bid in Bulk and Individually, via the Multi-Par Bidding System Additional Tenant Information Available Upon Request Total Market Value as Assessed: $1,412,307 $700,000 Bulk Opening Bid