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89 Peconic Ave 1 Acre of Commercial Land Offered at $3,000,000 in Riverhead, NY 11901
Investment Highlights
- Located between E. Main Street and Nugent Drive on the Peconic River
- Just minutes from the Long Island Aquarium, the Suffolk Theater
- 0.5 miles from the Riverhead LIRR Station
Executive Summary
1 acre retail redevelopment site with preliminary site plan approval to construct a 4,000 sq. ft. restaurant with rooftop bar and canoe rental
business. 160' frontage on Peconic Avenue with 3 curb cuts
business. 160' frontage on Peconic Avenue with 3 curb cuts
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Restaurant |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | ||
| Zoning | HB - Highway Business | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Restaurant |
| Total Lot Size | 1.00 AC |
| Zoning | HB - Highway Business |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 1.00 AC |
| Price Per AC | $3,000,000.00 |
| Price | $3,000,000 |
| Price Per AC | $3,000,000.00 |
| Lot Size | 1.00 AC |
Located between E. Main Street and Nugent Drive on the Peconic River adjacent to Grangabel Riverhead Town Park at the entrance way to main street Riverhead business district.
Description
Presenting a unique opportunity for retail development in the heart of Riverhead situated on the Peconic River. This highly visible parcel at 89 Peconic Ave is strategically located in a vibrant commercial corridor, surrounded by established shopping centers, dining, and entertainment options. Situated just minutes from Main Street and convenient access to nearby Route 58, this site offers significant exposure to both local residents and seasonal visitors.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
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