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58-72 W Main St 11,500 SF 100% Leased Retail Building Riverhead, NY 11901 $4,245,203 CAD ($369.15 CAD/SF)



Executive Summary
Amazing opportunity to own great frontage on Main Street in Riverhead!! This sale includes 3 separate spaces totaling approx. 11,500 SF: restaurant +/- 5,400 SF, brewery +/- 1,660 SF, and 2nd FL multipurpose space +/- 4,500 SF; unhear of at this price and doesn't even take into account the useable outdoor patio space! Properties are zoned DC-1 and have ample municipal parking space available. Each unit has its own electric meter and water bill. The restaurant comes fully furnished and all equipment is paid off. Brewery comes fully equipped as well. TOO MUCH TO LIST! Schedule your showing today for this turn-key business opportunity!
PLEASE DO NOT DISTURB CURRENT TENANTS- must schedule an appointment for showing.
PLEASE DO NOT DISTURB CURRENT TENANTS- must schedule an appointment for showing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,500 SF
Building Class
B
Year Built
1969
Price
$4,245,203 CAD
Price Per SF
$369.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
DC-1 - Retail stores, banks, personal service business, indoor public markets, art galleries/studios, cultural attractions, restaurant/cafe, and more allowed
Parking
30 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
90’ on W Main
Amenities
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0600-128-00-06-00-017-000 | Improvements Assessment | $87,881 CAD |
| Land Assessment | $49,610 CAD | Total Assessment | $137,491 CAD |
Property Taxes
Parcel Number
0600-128-00-06-00-017-000
Land Assessment
$49,610 CAD
Improvements Assessment
$87,881 CAD
Total Assessment
$137,491 CAD
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58-72 W Main St
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