5087 Sound Ave
Riverhead, NY 11901
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Liquor store completely renovated
  • Excellent central, high traffic location
  • Deli has new lighting, hot food bar and fridge.
  • 3 bedroom apartment with excellent rental history

PROPERTY FACTS

Property Type
Retail
Property Subtype
  • Storefront Retail/Residential
  • General Retail Freestanding
  • General Retail Restaurant
  • General Retail Storefront
Storefront Retail/Residential
Building Size
2,300 SF
Building Class
C
Year Built
1942
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.45 AC
Zoning
10 - Zoning non-conforming commercial
Parking
11 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
150’ on Sound Ave

AMENITIES

  • Signage

ABOUT 5087 SOUND AVE , RIVERHEAD, NY 11901

This exceptional property features two newly renovated buildings on a high-traffic road, making it an ideal investment. The first building is a 600 sq ft liquor store with a fully updated interior, new counters, and a full basement. The second building is a 1,700 sq ft deli, equipped with a full kitchen, new lighting, a hot food bar, and a new fridge, alongside the existing walk-in fridge. The business, including both the liquor store and deli, is included in the sale, with inventory negotiable separately. Above the deli is a spacious 3-bedroom, 1-bath apartment, recently refreshed with updated floors and paint, and featuring a rebuilt boiler and appliances less than two years old. Both buildings are equipped with central air conditioning and new above-ground oil tanks, with a total of 11 parking spots available, making this a prime turnkey property with strong income potential.

LINKS

  • Broker Website

PROPERTY TAXES

Parcel Number 0600-020-00-04-00-002-000 Improvements Assessment $68,000
Land Assessment $27,000 Total Assessment $95,000

MAP

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  • Listing ID: 33067557

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 5087 Sound Ave, Riverhead, NY 11901

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