341 Main St - Freestanding FOR SALE


Islip, NY 11751
$1,999,999 USD
631-328-1020
341 Main St, Islip, NY for Sale
$1,999,999 USD
Freestanding - FOR SALE
1/3
null | 6.3% Cap Rate

341 Main St
Islip, NY 11751


OVERVIEW

Located in the heart of Islip, NY, 341 Main Street is a prime mixed-use investment property offering exceptional potential for long-term growth and stable cash flow. This meticulously maintained building has undergone significant capital improvements over the past 24 months, ensuring that it is fully upgraded and ready for years of worry-free ownership. The property features a new roof, updated siding, and new gutters, all of which provide enhanced durability and curb appeal. The building’s mechanical systems have also been fully upgraded, including new electrical wiring, heating, and air conditioning systems, ensuring efficiency and reliability for tenants. Boasting a mix of residential and commercial spaces, this property is fully occupied by long-term, successful tenants, making it a solid and secure investment. With its prime location on Main Street, tenants benefit from high visibility, easy access, and proximity to the vibrant Islip community, which continues to thrive with local businesses, dining, and shopping options. Whether you are looking for a hands-off investment with consistent income or a property in a high-demand area, 341 Main Street presents a rare opportunity to acquire a turn-key mixed-use asset with minimal capital expenditures needed for the foreseeable future. Reach out to Jake Guadagno at MRG today for additional information 631-513-7998. Jake@mogilrealtygroup.com

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$277 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

GST

APN/PARCEL ID

0500-370-00-01-00-063-000

ASK ABOUT THIS PROPERTY

Greg MogilMogil Realty GroupMore Info
631-328-1020

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Greg MogilMogil Realty GroupMore Info
631-328-1020

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