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Retail/Industrial Space w/Large Fenced Yard 61-65 Smithtown Blvd 6,860 SF 27% Leased Retail Building Smithtown, NY 11787 $3,478,225 CAD ($507.03 CAD/SF) 5% Cap Rate
Investment Highlights
- 200 Amps Oil heat.
- Small basement in corner with access from inside.
- 14' clear.
Executive Summary
This property is being offered by Industry One Realty and it features:
Large fenced yard. Possible Industrial use in 1/2 the building. Retail space divided into four (4) units, of which 2 units are occupied by dry cleaners. Dry cleaner lease exp of 3/2027 ; The Remaining two Retail units are available and can be combine. There is also +/- 3,000 sq. ft. industrial unit with rear drive in into back yard.
Large fenced yard. Possible Industrial use in 1/2 the building. Retail space divided into four (4) units, of which 2 units are occupied by dry cleaners. Dry cleaner lease exp of 3/2027 ; The Remaining two Retail units are available and can be combine. There is also +/- 3,000 sq. ft. industrial unit with rear drive in into back yard.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,860 SF
Building Class
C
Year Built
1990
Price
$3,478,225 CAD
Price Per SF
$507.03 CAD
Cap Rate
5%
NOI
$173,911 CAD
Percent Leased
27%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.08 AC
Parking
42 Spaces (6.12 Spaces per 1,000 SF Leased)
Frontage
128’ on Smithtown Blvd
Amenities
- Dedicated Turn Lane
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-135-00-04-00-006-000 | Improvements Assessment | $14,191 CAD |
| Land Assessment | $5,287 CAD | Total Assessment | $19,478 CAD |
Property Taxes
Parcel Number
0800-135-00-04-00-006-000
Land Assessment
$5,287 CAD
Improvements Assessment
$14,191 CAD
Total Assessment
$19,478 CAD
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Retail/Industrial Space w/Large Fenced Yard | 61-65 Smithtown Blvd
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