1502 Main St - Freestanding FOR SALE


Port Jefferson, NY 11777
$850,000 USD
631-389-0263
1502 Main St, Port Jefferson, NY for Sale
$850,000 USD
Freestanding - FOR SALE
1/2
null | 6.11% Cap Rate

1502 Main St
Port Jefferson, NY 11777


HIGHLIGHTS

  • Great exposure on Main Street
  • Dedicated Parking
  • Long Term Tenant

OVERVIEW

Absolute STNL free standing retail building for sale. NOI of $51,912 with tenant responsible for all expenses. Longstanding tenant in place just renewed through 5/31/28. Highly coveted onsite parking lot offers 5 dedicated parking spaces. New roof in 2022. Parking lot repaved July 2023. The property is connected to municipal sewers and has oil heat, (gas in the street makes conversion possible). The property has 57 feet of frontage on busy Main Street. Revitalization in full swing with new housing construction completed and more underway. DO NOT DISTURB TENANT. Located on Main Street in Port Jefferson Village. Steps from the Long Island Railroad. One train stop from the campus of SUNY Stony Brook. Less than 1/2 mile from Northwell Mather Hospital and St. Charles Hospital. One mile from the Port Jefferson / Bridgeport Ferry to Connecticut.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

6.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

0206-021-00-04-00-014-000

ASK ABOUT THIS PROPERTY

Aric SchachnerCAMCO Commercial Real EstateMore Info
631-389-0263

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Aric SchachnerCAMCO Commercial Real EstateMore Info
631-389-0263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.