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Suffolk County - Waterfront Commercial Building & Business 6,570 SF Specialty Building Offered at $2,995,000 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 directly across from the Bay Shore Marina, and just a 2 minute drive to Bay Shores thriving main street, this iconic waterfront property overlooks the Great South Bay with sweeping picturesque views of 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! 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.
Also included equipment, dealership rights, boat slips, forklifts, and travel lifts. The property enjoys exceptional visibility, high foot and vehicle traffic.
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 rare.
Seller financing available.
Also included equipment, dealership rights, boat slips, forklifts, and travel lifts. The property enjoys exceptional visibility, high foot and vehicle traffic.
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 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
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0500-441-00-02-00-055-000 | Total Assessment | $55,400 (2025) |
| Land Assessment | $29,200 (2025) | Annual Taxes | $21,527 ($3.28/SF) |
| Improvements Assessment | $26,200 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
0500-441-00-02-00-055-000
Land Assessment
$29,200 (2025)
Improvements Assessment
$26,200 (2025)
Total Assessment
$55,400 (2025)
Annual Taxes
$21,527 ($3.28/SF)
Tax Year
2024
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Suffolk County - Waterfront Commercial Building & Business
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