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46 48 W Main Street 46-48 W Main St 8,500 SF 49% Leased Retail Building Riverhead, NY 11901 $2,195,000 ($258.24/SF)
Executive Summary
46-48 W Main Street is a mixed-use investment property located in the heart of Downtown Riverhead. The ±2,670 SF building sits on a 0.13-acre parcel and features six income-producing units, including three commercial spaces and three residential apartments. Positioned along W. Main Street with convenient access to free municipal parking, the
property benefits from strong visibility and steady cash flow. Additional value is provided by the ±1,000 SF rear commercial space, which offers a separate rear entrance while
remaining connected to the front retail space, creating flexibility for a variety of tenant uses.
property benefits from strong visibility and steady cash flow. Additional value is provided by the ±1,000 SF rear commercial space, which offers a separate rear entrance while
remaining connected to the front retail space, creating flexibility for a variety of tenant uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,500 SF
Building Class
B
Year Built
1922
Price
$2,195,000
Price Per SF
$258.24
Percent Leased
49%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.73
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
8 - Main Street (SC-1)
Parking
2 Spaces (0.24 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1,670 of prime retail space with frontage on W Main St.
2,670 SF Prime Retail Space with Frontage
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,670 SF | Retail | In-Line | Now |
| 1st Floor | 2,670 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,670 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 2,670 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,670 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,670 of prime retail space with frontage on W Main St.
1st Floor
| Size | 2,670 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
2,670 SF Prime Retail Space with Frontage
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0600-128-00-06-00-020-000 | Improvements Assessment | $81,800 |
| Land Assessment | $30,000 | Total Assessment | $111,800 |
Property Taxes
Parcel Number
0600-128-00-06-00-020-000
Land Assessment
$30,000
Improvements Assessment
$81,800
Total Assessment
$111,800
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
