This Retail Property is no longer advertised on LoopNet.com.

67 E Main St
Riverhead, NY 11901
PRICE REDUCED 11.2% CAP RATE - Prime Location · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,100 SF
Building Class
B
Year Built/Renovated
1966/2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.59
Lot Size
0.12 AC
Zoning
Commercial - Downtown Center
Frontage
25’ on E Main St

About 67 E MAIN ST , RIVERHEAD, NY 11901

Great Opportunity. Excellent Location - Near Courts, Suffolk Theater, and Long Island Aquarium. Waterviews. Direct access to large municipal parking lot. 3,100 sq.ft. single story building - plus an additional 2,000 sq.ft. of property to expand. Example - Build a restaurant and with an outdoor deck for dining. Current Zoning allows for mixed use 4+ stories - 16,000+ sq.ft. 10.7% Cap Rate projected. Market NNN Rent on East Main Street is above $23.00 sq.ft. for space similar to this fine property. Proforma based on under market value - $22.00 NNN.

Property Taxes

Property Taxes

Parcel Number
0600-128-00-06-00-076-002
Land Assessment
$25,000
Improvements Assessment
$38,300
Total Assessment
$63,300
  • Listing ID: 11050542

  • Date on Market: 12/22/2017

  • Last Updated:

  • Address: 67 E Main St, Riverhead, NY 11901

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