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16 N Main St 3,350 SF of 4-Star Retail Space Available in Port Chester, NY 10573
Highlights
- Adjacent to Metro North Train Station
- Located at the epicenter of over 2,000 plus luxury apartments
- Capitol Theater one block away
- Restaurant Chaser (48” x 40”) with Black Iron to the Roof
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,350 SF | 10’ - 20’ | 10-15 Years | $35.00 /SF/YR $2.92 /SF/MO $117,250 /YR $9,771 /MO | Triple Net (NNN) |
1st Floor
The Old Mutual Trust Building located at 16 N. Main Street in Port Chester reflects the architecture of a past era. The sculptured crown molding encompasses the terracotta roof of the building, and arched cathedral windows span the first floor’s 20-foot vaulted ceiling. Infrastructure in place for a restaurant use. The redevelopment of this historical building captured this building’s architectural attributes and preserved and integrate the best from the past with the new design. The architectural firm of Ridberg & Associates out of Greenwich, Conn. has designed the project to compliment the existing architecture and the streetscape environment around the project. The result is a Restaurant/Retail setting with a high vaulted ceiling. This unique space will be ideal for a restaurant or Retail use that desires a cornerstone location and a distinguishing presence within a chic urban market. Located above the restaurant level will be luxury apartments that will boast convenient access to Multi-Family Apartments, shopping, banking, restaurants, the train station, the 14-Screen Loews Cineplex and the Capitol Theater. Sandwiched between the Capitol Theatre (+/- 2,255 capacity), the Loews Cineplex (14 screen), the Train Station, the retail streetscape along N. Main Street, the Waterfront at Port Chester (500,000 square foot shopping center) and multiple new Luxury Apartment Communities, this project is located at the heart of the retail core of this vibrant market. The location receives considerable exposure to both pedestrian and street traffic. Patrons of the theaters, the train station and residence of the residential communities will have the convenience of a short walk to the Old Mutual Trust Building for dining/shopping, or just a casual drink in an aesthetically-pleasing atmosphere. Port Chester has become a popular venue for restaurants, boasting some of the top cuisine in Westchester County.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- High Ceilings
- Finished Ceilings: 10’ - 20’
- Wheelchair Accessible
- Near Capital Theater and Lowes Cineplex
- Recent renovations and cathedral windows.
- Cornerstone location and a distinguishing presenc
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,350 SF | Gross Leasable Area | 11,750 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2023 |
| Property Subtype | Restaurant |
| Total Space Available | 3,350 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 11,750 SF |
| Year Built/Renovated | 1900/2023 |
About the Property
Positioned at the crossroads of N. Main Street (Route 1), Westchester Avenue (Route 112) and King Street (Route 120A), this high-visibility location sits at the gateway to Port Chester and is surrounded by 2,000+ luxury apartments existing, under construction or approved. The property offers frontage on three streets, a signalized intersection, and is directly across from The Waterfront at Port Chester, a 500,000 SF shopping center. It is also within one block of the Capitol Theatre and a short walk to the Port Chester Metro-North Station. Located in the heart of Port Chester’s restaurant and retail district, the property benefits from high vehicle and pedestrian foot traffic, convenient access to I-95 and I-287, nearby affluent communities including Greenwich, Rye, Rye Brook and Purchase, and more than 10 million SF of Class A & B office space in the surrounding trade area. Newly Renovated / Retail or Restaurant-Ready Improvements Hydrostatic floor with drains Sheetrock walls and ceilings with historic crown molding Restaurant chaser (48" × 40") with black iron to roof Hood and make-up air duct Electrical and two gas lines (gas service to requires Con Edison approval) New thermally insulated doors and windows Six replicated, thermally insulated cathedral windows Open floor plan 16-ton HVAC system, electrical and plumbing sized for restaurant use 600A, 3-phase, 208V electrical service; 200A to tenant 1½" tenant water line Flood-panel waterproofing system Restaurant seating area with six stubbed floor drains and 1½" water line
- 24 Hour Access
- Commuter Rail
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Nearby Major Retailers
Contact the Leasing Agent
16 N Main St