Log In/Sign Up
Your email has been sent.
Retail Property + Residence 4-8 S Maryland Ave 4,725 SF Retail Building Port Washington, NY 11050 $3,350,000 ($708.99/SF)
Investment Highlights
- Please contact Larry Matarese for more details | 516 945 4733
Executive Summary
Berkshire Hathaway Commercial Services is pleased to bring to market 8 S Maryland Ave in Port Washington. This offering presents a rare opportunity to acquire not only the commercial building which has been the home to a generational florist and nursery business for over 100 years, but also the residential house right next door. The current business owner is preparing to retire, and as a result the commercial property and the residential home next door are available for purchase.
The commercial building is a well-maintained 3,155 SF facility on a 0.27-acre lot. Zoned "Business A," it benefits from low annual property taxes of $19,194. The location offers excellent visibility just off Main Street, directly across from the LIRR overflow parking and one block from the Port Washington station.
The sale also includes 4 S. Maryland Ave, a 1,560 SF single-family residence on a 3,267 SF lot, with annual taxes of $12,573. A new owner could continue to operate the established business, which enjoys strong brand recognition and diversified revenue streams, or reposition the property to suit other needs. There is also the potential to lower your basis by selling the residential home separately.
This overview only begins to describe the full potential of this exceptional opportunity. Please contact us today to schedule a showing.
The commercial building is a well-maintained 3,155 SF facility on a 0.27-acre lot. Zoned "Business A," it benefits from low annual property taxes of $19,194. The location offers excellent visibility just off Main Street, directly across from the LIRR overflow parking and one block from the Port Washington station.
The sale also includes 4 S. Maryland Ave, a 1,560 SF single-family residence on a 3,267 SF lot, with annual taxes of $12,573. A new owner could continue to operate the established business, which enjoys strong brand recognition and diversified revenue streams, or reposition the property to suit other needs. There is also the potential to lower your basis by selling the residential home separately.
This overview only begins to describe the full potential of this exceptional opportunity. Please contact us today to schedule a showing.
Property Facts
Sale Type
Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
4,725 SF
Building Class
C
Year Built
1969
Price
$3,350,000
Price Per SF
$708.99
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.28 AC
Zoning
Business A
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2289-05-099-00-0204-0 | Improvements Assessment | $0 |
| Land Assessment | $2,376 | Total Assessment | $2,376 |
Property Taxes
Parcel Number
2289-05-099-00-0204-0
Land Assessment
$2,376
Improvements Assessment
$0
Total Assessment
$2,376
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Retail Property + Residence | 4-8 S Maryland Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.