54 W Main St

54 W Main St , Riverhead, New York, 11901 | 4,950 sq.f | $ 1,325,000

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About This Restaurant

Investment Highlights

Fully Permitted Opportunity Zone Project Downtown Riverhead Redevelopment Area - 60' high up to 4 stories. Municipal Parking Public Sewer, Water, Gas and Electric to site

Executive Summary

Prime Location Building, has permits/ approval for 3800 square feet of ground floor restaurant/office/ retail space and (2) 1 bedroom apartments on the second floor

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Redevelopment Project Redevelopment Project Building in Shell Condition Redevelopment Project
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar Restaurant
  • Building Size    4,950
  • Building Class    C
  • Year Built/Renovated    1940/2023
  • Price    1,325,000
  • Price Per SF    268
  • Percent Leased    Vacant
  • Building Height    2 Stories
  • Loading Docks    2 Exterior
  • Building FAR    1.26
  • Land Acres    0.09 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 0600-128-00-06-00-019-001 Improvements Assessment $29,500 (2023)
Land Assessment $42,500 (2023) Total Assessment $72,000 (2023)
Date Created: 2024-07-16 04:18:02 Last Updated: 2024-07-16 04:18:02
Address: 54 W Main St , Riverhead, New York, 11901