341 Main St 7,214 SF 100% Leased Retail Building Islip, NY 11751 $1,825,000 ($252.98/SF) 7.33% Cap Rate

Located in the heart of Islip, NY, 341 Main Street is a prime mixed-use investment property offering exceptional potential for long-term growth and stable cash flow. This meticulously maintained building has undergone significant capital improvements over the past 24 months, ensuring that it is fully upgraded and ready for years of worry-free ownership.
The property features a new roof, updated siding, and new gutters, all of which provide enhanced durability and curb appeal. The building’s mechanical systems have also been fully upgraded, including new electrical wiring, heating, and air conditioning systems, ensuring efficiency and reliability for tenants.
Boasting a mix of residential and commercial spaces, this property is fully occupied by long-term, successful tenants, making it a solid and secure investment. With its prime location on Main Street, tenants benefit from high visibility, easy access, and proximity to the vibrant Islip community, which continues to thrive with local businesses, dining, and shopping options.
Whether you are looking for a hands-off investment with consistent income or a property in a high-demand area, 341 Main Street presents a rare opportunity to acquire a turn-key mixed-use asset with minimal capital expenditures needed for the foreseeable future. Reach out to Jake Guadagno at MRG today for additional information 631-513-7998. Jake@mogilrealtygroup.com