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Smithtown For Sale/Lease Corner Building 115 E Main St 13,221 SF 5% Leased Retail Building Smithtown, NY 11787 $2,680,000 ($202.71/SF)



INVESTMENT HIGHLIGHTS
- Corner Lot with Full Glass Exposure
- Busy street with maximum foot traffic
- Next to major chain stores
- Lots of Natural Light
- Height Ceilings
- Heart of Smithtown Commercial
EXECUTIVE SUMMARY
Located on a high-traffic corner in the heart of Smithtown, this standout commercial property offers exceptional visibility and a commanding retail presence—an ideal opportunity for investors or business owners. The building boasts soaring ceilings and expansive floor-to-ceiling glass windows, filling the interior with natural light while maximizing exposure to both foot and vehicle traffic. Situated on a prominent corner lot, it also features dedicated on-site parking—a rare and valuable asset in such a prime location. With its modern facade, open layout, and flexible zoning, the space is fully customizable to suit retail, office, or service-based uses, making it perfectly positioned for success in one of Smithtown’s most active commercial corridors.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$287,500
|
$21.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$287,500
|
$21.75
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$32,440
|
$2.45
|
| Net Operating Income |
$255,060
|
$19.29
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $287,500 |
| Annual Per SF | $21.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $287,500 |
| Annual Per SF | $21.75 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $32,440 |
| Annual Per SF | $2.45 |
| Net Operating Income | |
|---|---|
| Annual | $255,060 |
| Annual Per SF | $19.29 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
13,221 SF
Building Class
B
Year Built
1948
Price
$2,680,000
Price Per SF
$202.71
Percent Leased
5%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.32 AC
Zoning
CB - CENTRAL BUSINESS
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,500 SF | Retail | - | Now |
| 2nd Floor | 6,000 SF | Retail | - | Now |
1st Floor
| Size |
| 6,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 6,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 6,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0800-077-00-06-00-037-001 | Improvements Assessment | $9,105 (2024) |
| Land Assessment | $3,895 (2024) | Total Assessment | $13,000 (2024) |
PROPERTY TAXES
Parcel Number
0800-077-00-06-00-037-001
Land Assessment
$3,895 (2024)
Improvements Assessment
$9,105 (2024)
Total Assessment
$13,000 (2024)
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Smithtown For Sale/Lease Corner Building | 115 E Main St
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