Iconic Mixed Use Offering 245 Love Ln

Investment Highlights

First Level: 6,895 sq. ft. of ground floor space Lower Level: 6,895 sq. ft. of floor area Second Level: 3,862 sq. ft. of second floor space Conservative Pro Forma NOI over $400,000!

Executive Summary

This +17,500 sq.ft. offering on Love Lane is an incredible opportunity to own the largest commercial property on the most iconic street on the North Fork.Attractive Owner Financing to Qualified BuyersMake your mark on the North Fork by renovating this expansive building. There are also rare approvals for a restaurant, retail, and an apartment, with a pro forma NOI of +$400,000! The site features 58 private parking spaces & additional town parking, and ideally located in the heart of the North Fork adjacent to the Mattituck LIRR train station with proximity to the two main thoroughfares.The visibility is second to none and to have this much square footage in such a prized location puts this offering in a league of its own.The North Fork continues to witness significant year-round and weekend population growth. These residents have significant disposable income and continually seek increased food & beverage, retail, and office options.The Current Building Is Comprised Of 17,652 Gross Sq. Ft. First Level: 6,895 sq. ft. of ground floor space Second Level: 3,862 sq. ft. of second floor space Lower Level: 6,895 sq. ft. of floor area$2,575,000Inquire with the Hamptons Commercial RE Team for additional info.

• Sale Type    Investment
• Property Type    Office
• Property Subtype    Office/Residential Office/Residential General Retail Freestanding General Retail Restaurant General Retail Storefront Retail/Residential Office/Residential
• Building Size    17,652
• Building Class    B
• Year Built/Renovated    1980/2017
• Price    2,575,000
• Price Per SF    146
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Typical Floor Size    8,826
• Slab To Slab    12?
• Building FAR    0.46
• Land Acres    0.89 AC

• 24 Hour Access
• Atrium
• Banking
• Bus Line
• Controlled Access
• Commuter Rail
• Concierge
• Conferencing Facility
• Courtyard
• Food Court
• Food Service
• Restaurant
• Security System
• Signage
• Kitchen
• Accent Lighting
• Reception
• Storage Space
• Atrium
• Basement
• Central Heating
• DDA Compliant
• Food Service
• Open-Plan
• Partitioned Offices
• Reception
• Recessed Lighting
• Secure Storage
• Wi-Fi
• Yard
• Outdoor Seating
• Air Conditioning