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$ 1,388,000
Est. payment | /mo
$ 1,388,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3561593
Originating Board onekey2
Rental Info No
Year Built 1938
Annual Tax Amount $15,662
Property Description
Calling All Investors, Developers, End-Users & Restauranteurs!!! 5,600+ Sqft. Restaurant/Warehouse With HUGE Parking Lot For Sale!!! The Property Features Excellent Signage, Great Exposure, High 16' Ceilings, 58 Parking Spaces, 223' Of Frontage, Strong RFC Zoning, Outdoor Seating, 4 Skylights, Low Property Taxes, Strategically Placed Curb Cut, 2 Warehouse Bays, Office Area, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Riverhead Minutes From Tanger Outlets, Riverhead Raceway & Splish Splash!!! The Property Has Been Home To A Successful Restaurant For 23+ Years!!! Neighbors Include Toyota, Nike, Walmart, Costco, The Home Depot, Target, Lowe's Home Improvement, Riverhead Building Supply, CubeSmart Self Storage, Marshalls, HomeGoods, Mattress Firm, IHOP, +++!!! The Entire Property Can Be Delivered Vacant!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Expenses: Insurance: $2,843 Ann. Maintenance & Repairs: $250 Ann. Taxes: $15,662.18 Ann. Total Expenses: $18,755.18 Ann. Net Operating Income: $41,244.82 Ann.
Location
State NY
County Suffolk County
Interior
Fireplace No
Exterior
Total Parking Spaces 58
Private Pool No
Building
Story 1
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp
"My job is to help you sell your home without going through the stress that most sellers feel they have to go through and for the highest price possible, period."