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Suffolk County - Waterfront Commercial Building & Business 6,570 SF Specialty Building Offered at $3,399,999 at a 8% Cap Rate in Bay Shore, NY 11706
INVESTMENT HIGHLIGHTS
- Turnkey Waterfront Business with dealerships
- Incredible Potential for Redevelopment?This property offers endless possibilities. Reimagine it as a Multi-unit waterfront Condo Project , restaurant
- constant foot and vehicle traffic and has even been featured in television productions
- The existing building on the property can be utilized as industrial. Zoning allows for industrial uses.
EXECUTIVE SUMMARY
Positioned in the heart of a thriving historic downtown and marine district, this iconic waterfront property overlooks the Great South Bay with sweeping views from Bellport to Babylon and Fire Island. This Property Gives you Direct Water Access to Fire Island with waterfront bulkhead, dock spaces with travel lift slip for hauling and loading boats and supplies! The main facility features high ceilings, a grand showroom, large workshop with 220 power, private office with bath, newly renovated restrooms, radiant in-floor heat, and a new roof.
Included in the sale is a fully operational and profitable marine service business with equipment, dealership rights, and direct bay access featuring boat slips, forklifts, and travel lifts. The property enjoys exceptional visibility, steady foot and vehicle traffic, and has been featured in television productions for its authentic coastal charm.
This once in a lifetime offering presents extraordinary redevelopment potential — ideal for a waterfront restaurant, mixed-use project, event venue, or other premier commercial use (subject to approvals). Opportunities of this caliber are exceedingly rare.
Seller financing available.
Included in the sale is a fully operational and profitable marine service business with equipment, dealership rights, and direct bay access featuring boat slips, forklifts, and travel lifts. The property enjoys exceptional visibility, steady foot and vehicle traffic, and has been featured in television productions for its authentic coastal charm.
This once in a lifetime offering presents extraordinary redevelopment potential — ideal for a waterfront restaurant, mixed-use project, event venue, or other premier commercial use (subject to approvals). Opportunities of this caliber are exceedingly rare.
Seller financing available.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$21,527
|
$3.28
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$21,527
|
$3.28
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $21,527 |
| Annual Per SF | $3.28 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $21,527 |
| Annual Per SF | $3.28 |
PROPERTY FACTS
AMENITIES
- Signage
- Waterfront
PROPERTY TAXES
| Parcel Number | 0500-441-00-02-00-055-000 | Total Assessment | $55,400 |
| Land Assessment | $29,200 | Annual Taxes | $21,527 ($3.28/SF) |
| Improvements Assessment | $26,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0500-441-00-02-00-055-000
Land Assessment
$29,200
Improvements Assessment
$26,200
Total Assessment
$55,400
Annual Taxes
$21,527 ($3.28/SF)
Tax Year
2024
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Suffolk County - Waterfront Commercial Building & Business
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