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Investment Highlights
- 61 E Main St sits on a 0.06-acre parcel and comprises +/- 2,025?SF of space. It is 100%?occupied by Giacalone?Insurance, a long-standing tenant.
- 71 E Main St is a prime redevelopment opportunity. DC-1 zoning allows for mixed-use development with ground-floor retail & apartments above.
- 65 E Main St is a highly functional ±2,833 square foot restaurant leased to La Perla on a NNN lease.
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire 71 E Main Street, 65 E Main Street, and 61 E Main Street, a retail and mixed-use portfolio located in the heart of Downtown Riverhead, NY. The properties are available as a portfolio sale or individual sale.
61 E Main St sits on a 0.06-acre parcel and comprises ±2,025 SF of space. It is 100% occupied by Giacalone Insurance, a long-standing tenant that has operated at this location since 2006, underscoring the property's stability and enduring appeal. The tenant is responsible for CAM, utilities, trash removal, and repairs and maintenance.
65 E Main St is a highly functional ±2,833-square-foot restaurant leased to La Perla on a ±0.12-acre parcel. The building is configured specifically for restaurant operations, with an efficient front- and back-of-house setup. The rear deck enhances the offering by supporting outdoor dining, additional seating, or operational needs, giving an operator meaningful flexibility.
71 E Main St is a prime redevelopment opportunity. The subject property is located in DC-1 zoning, allowing for mixed-use development with ground-floor commercial space and apartments above. The current use consists of retail on the ground floor and office space on the second floor.
61 E Main St sits on a 0.06-acre parcel and comprises ±2,025 SF of space. It is 100% occupied by Giacalone Insurance, a long-standing tenant that has operated at this location since 2006, underscoring the property's stability and enduring appeal. The tenant is responsible for CAM, utilities, trash removal, and repairs and maintenance.
65 E Main St is a highly functional ±2,833-square-foot restaurant leased to La Perla on a ±0.12-acre parcel. The building is configured specifically for restaurant operations, with an efficient front- and back-of-house setup. The rear deck enhances the offering by supporting outdoor dining, additional seating, or operational needs, giving an operator meaningful flexibility.
71 E Main St is a prime redevelopment opportunity. The subject property is located in DC-1 zoning, allowing for mixed-use development with ground-floor commercial space and apartments above. The current use consists of retail on the ground floor and office space on the second floor.
Property Facts
| Price | $7,304,979 CAD | Number of Properties | 3 |
| Price / SF | $358.00 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 20,405 SF |
| Status | Active | Total Land Area | 0.93 AC |
| Price | $7,304,979 CAD |
| Price / SF | $358.00 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 20,405 SF |
| Total Land Area | 0.93 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 71-83 E Main St, Riverhead, NY 11901 | Office | 14,242 SF | 1950 | - |
| 61 E Main St, Riverhead, NY 11901 | Office | 2,025 SF | 1940 | - |
| 65 E Main St, Riverhead, NY 11901 | Retail | 4,138 SF | 1967 | - |
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