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508 Main Rd Riverhead, NY 11931
$2,350,000
  • Commercial
  • Year Built 1974
  • Industrial
  • ML# 3581622

Property Details

Overview

Situated in the heart of Aquebogue on Long Island’s North Fork amongst the vines of its famous Wine Country you will find this unique opportunity located at 508-534 Main Road. This 7.65 Acre features proposed plans to build three mixed use buildings featuring 18 residential apartment homes, a 125-seat restaurant, retail storefront and an additional wet use space. Zoned Hamlet Center and Hamlet Residential this site offers ample opportunity for a multitude of other development concepts. Prime location at traffic lit intersection located less than 3 miles from the Peconic Bay Medical Center, a community hospital with access to bustling Downtown Riverhead, and all of its amenities, and national retailers. Currently the site of an income producing fully occupied 7-unit 5, 338 SF Freestanding Medical/Professional Office building. Ideal for Developer/Investor or an End-User looking for additional opportunity to generate revenue.

Key Facts

  • Taxes: $41,152
  • Business Type: Commercial
  • Sale or Rent: Sale
  • Block: 2
  • Lot: 15

Additional Features

  • Parking Spaces: Yes
  • Parking Spaces: 30

Interior & Utilities

  • Heat: Natural Gas, Forced Air
  • Sewer: Septic Tank

Financial

  • Taxes: $41,152
Listing Information provided courtesy of Douglas Elliman Real Estate  631-354-8100
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