Tanger Mall Dr - 4+ ACRES IN BETWEEN TANGER I & TANGER II 4.15 Acres of Commercial Land Offered at $3,500,000 in Riverhead, NY 11901

ATTENTION - NEW ZONING NOW ALLOWS RESTAURANTS 4.15 acres situated on Tanger Mall Drive, directly in between Tanger Outlet I and Tanger Outlet II at Riverhead. Zoned for Retail/Outlets/Food and more. Approvals for a 31,000 sf building. Over 990' of frontage on Tanger Mall Drive. Great parking. Over 60 outlet stores in Tanger I on the west side of the property, over 70 outlet stores in Tanger II on the east side of the property. This 4.15 acre property is smack in the middle. Shoppers going from one side of Tanger to the other side must cross over this property - directly in front of your new building. Undoubtably the best location with outstanding visibility. Restaurants for the first time are now a permitted use. The restaurant can be stand alone or part of a retail center. Fast and Casual or Full Service, the choice is yours. No minimum or maximum size. Ideal for a National Restaurant or Food Hall with Outlet Retail, Off Price, and/or Discount Retail. A great location for sports bar or family fun entertainment center. One-Of-A-Kind commercial property, nothing else like it on all of Long Island. The Tanger Outlets at Riverhead get millions and millions of shoppers annually, and they ALL need to cross directly in front of your new building. QUALIFIED OPPORTUNITY ZONE PROPERTY: A Qualified Opportunity Zone is a designated area that offers tax incentives to investors who invest eligible capital into these areas. The program was created by the 2017 Tax Cuts and Jobs Act to spur economic development and job creation in all 50 States. The tax benefits include deferral, discount, and exemption from federal capital gains taxes. Call to learn more. TANGER FACTORY OUTLETS AT RIVERHEAD: Long Island's largest outlet center featuring over 130 manufacturer designer outlet stores. Situated at the gateway to the Long Island's East End, the Tanger Outlet Center is conveniently located at the eastern end of the Long Island Expressway (Interstate 495). The 80 acre complex is easy and fun to shop and open year-round. The center features a wide variety of famous brand designer and manufacturer outlet stores. This unique 4.15 acre property is available for sale. Call now for more information.