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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)

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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
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
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
35’ on East Main St

AMENITIES

  • Corner Lot
  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,500 SF
  • Retail
  • -
  • Now
  • 2nd Floor
  • 6,000 SF
  • Retail
  • -
  • Now
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

1st Floor

Size 6,500 SF
Space Use Retail
Position -
Available Now

2nd Floor

Size 6,000 SF
Space Use Retail
Position -
Available Now

Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

LA Fitness
Tiger Schulmann's Martial Arts
The Fresh Market
Dime Community Bank
Vitality Bowls
Gold's Gym
The Little Gym Of Smithtown
Orangetheory Fitness
Citi
Apple Bank

PROPERTY TAXES

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)
  • Listing ID: 35569463

  • Date on Market: 4/21/2025

  • Last Updated:

  • Address: 115 E Main St, Smithtown, NY 11787

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