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1725 Old County Rd 24,000 SF 100% Leased 4-Star Retail Building Riverhead, NY 11901 $6,980,000 ($290.83/SF)



Investment Highlights
- High Visibility, High Traffic Count.
- Excellent Location for Restaurant
- Zoning BC
- Possible Cannabis Retail Store
Executive Summary
Exceptional commercial opportunity - Available for sale or lease, this distinctive Late Modern-style commercial building offers more than 24,000 square feet of total space on a highly visible Route 58 site. The property features approximately 11,000 square feet on the ground floor, a 3,000-square-foot mezzanine, and a 10,000-square- foot lower level with a convenient vehicular access ramp. The flexible layout provides an excellent opportunity for a wide range of commercial uses and can be readily subdivided to accommodate multiple tenants or configurations. Centrally positioned along Route 58, Riverhead's established commercial hub, the property benefits from exceptional visibility and proximity to an extensive concentration of national retailers, big-box stores, factory outlets, supermarkets, restaurants, automotive dealerships, and other major commercial destinations. The zoning permits all these commercial uses and more, offering significant flexibility for an owner-user, investor, or developer. The property is also ideally suited for recreational cannabis retail, subject to applicable approvals and regulations. Buildings of this size, quality of construction, and strategic location are rarely offered to the market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Price
$6,980,000
Price Per SF
$290.83
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.52
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
BC - Business Center: Retail, Restaurants including drive-through, Health Clubs, Offices, Auto/Marine Dealerships & Repair.
Possible Cannabis Retail Sales
Parking
45 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Maximum Motorsports
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Maximum Motorsports | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0600-119-00-01-00-009-003 | Improvements Assessment | $280,000 |
| Land Assessment | $28,300 | Total Assessment | $308,300 |
Property Taxes
Parcel Number
0600-119-00-01-00-009-003
Land Assessment
$28,300
Improvements Assessment
$280,000
Total Assessment
$308,300
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1725 Old County Rd
