Main, Riverhead
$1,688,000
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, 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!!! Income: Restaurant (2,624 Sqft.): $60,000 Ann. Gross Income: $60,000 Ann. 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
1175 Main Street, Riverhead, NY 11901
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