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Sterlington Commons 9 Sterlington Commons 20,000 SF 100% Leased Retail Building Greenport, NY 11944 $11,865,320 CAD ($593.27 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Extraordinary downtown location in a waterfront East End village
- On-site parking
- Less than one block from the harbor, and terminals for ferry, train, and bus
EXECUTIVE SUMMARY
Introducing a exceptionally rare opportunity to own a premier mixed-use commercial property in the heart of Greenport, Long Island – an extraordinary waterfront village. This versatile property seamlessly blends retail, office, and residential spaces, offering endless potential for income generation and growth. With high foot traffic, less than a block from the waterfront and ferry, train, and bus terminals, and a prime location amidst boutique shops, cafes, restaurants and hotels, this property stands out as a centerpiece in a vibrant community. Its strategic location ensures visibility, accessibility, and unparalleled convenience for customers and residents, making it the perfect investment for those looking to capitalize on a dynamic, thriving environment. Don’t miss out on this chance to be part of a flourishing waterfront destination!
DISCLAIMER: All information is subject to errors, omissions, modification, and withdrawal without notice. Measurements may be estimates and information shown should not be relied upon without independent verification.
DISCLAIMER: All information is subject to errors, omissions, modification, and withdrawal without notice. Measurements may be estimates and information shown should not be relied upon without independent verification.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1987
Price
$11,865,320 CAD
Price Per SF
$593.27 CAD
Cap Rate
5%
NOI
$593,266 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
1.50 AC
Zoning
C - Commercial
Parking
65 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
20’ on Front Street
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signage
- Air Conditioning
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1001-006-00-02-00-023-005 | Improvements Assessment | $20,494 CAD |
| Land Assessment | $8,457 CAD | Total Assessment | $28,951 CAD |
PROPERTY TAXES
Parcel Number
1001-006-00-02-00-023-005
Land Assessment
$8,457 CAD
Improvements Assessment
$20,494 CAD
Total Assessment
$28,951 CAD
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Sterlington Commons | 9 Sterlington Commons
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