Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    54 W Main St Riverhead, NY 11901

    Pending
    For Sale
    $1,050,000

    Mixed Use - Riverhead, NY

    Type:Mixed Use
    Property size:
    4,843 SF
    Lot size:
    0.09 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 54 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Pending
    Zoning
    DC-1 - Downtown Center 1
    Rooms
    Basement
    APN
    0600-128-00-06-00-019-001
    Parking
    200
    Basement Y/N
    1
    Size
    4,843 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1922
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    Douglas Elliman Real Estate [email protected]

    Listing agent Kristy B. Naddell (631) 354-8100 License #10301216075

    Listing date Oct 16, 2025

    MLS# 899299 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Retail/Residential Riverhead Opportunity

    This mixed-use property features a two-story, 4,843-square-foot building on a 3,920-square-foot lot. It is located at the gateway to Downtown Riverhead. Architectural plans are secured, allowing a future owner to reposition the ground-floor retail space and finish the apartments on the second floor. The property is located in an opportunity zone and has direct access to public utilities, including sewer, water, gas, and electricity. The building includes a 3,800-square-foot retail suite on the ground floor, previously occupied by a restaurant, along with two framed out, ready-to-finish apartments on the second floor. Recent upgrades include a modern glass storefront, new second-floor windows, and a new roof. The property is zoned Downtown Center 1: Main Street (DC-1). It is located in the heart of the Main Street district, where more than 500 residential units are proposed or currently under construction. Ample parking is available in a large rear Municipal lot for 200+ vehicles. The property is located across from the Peconic River and next door to Digger's Pub. It benefits from ongoing revitalization efforts. Its central location between the North and South Forks provides convenient access to the Hamptons, North Fork wineries, picturesque farms, and the vibrant retail hub along Old Country Road. It is also minutes away from key attractions such as the Long Island National Golf Club, The Riverhead Aquarium, Tanger Outlet Center, and Briermere Farms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Privet's Consignment Warehouse Furniture Store Acupuncture Clinic LLC Acupuncture Clinic DAT Testing Again Acupuncture Clinic Polished Concrete Solution ... General Store Polished Concrete Solution General Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverhead
    County
    Suffolk
    State
    New York
    Longitude
    -72.6632171
    Latitude
    40.9172008

    Nearby Similar for Sale

    • $2,200,000
      7,000 SF

      Renovated Office Complex on Route 25

      Two renovated office buildings totaling 7,000 SF on 2.52 acres.
      189 Rte 25/Main Rd, Riverhead, NY 11901
      View Details
    • $1,699,999
      2,950 SF

      Equestrian Property on Long Island

      Equestrian property on 4.5 acres, ideal for horse enthusiasts.
      2746 Sound Ave, Riverhead, NY 11901
      View Details
    • $3,999,000
      1.75 Acres

      Commercial Property in Baiting Hollow

      Multi-unit commercial property in Long Island's North Fork wine corridor.
      3225 Sound Ave, Riverhead, NY 11901
      View Details
    • $3,999,000
      1.75 Acres

      Unique Commercial Property on North Fork

      Multi-unit commercial property in Long Island's North Fork wine region.
      3225 Sound Ave, Riverhead, NY 11901
      View Details
    • $679,988
      2,750 SF

      Riverhead Duplex with Rental Income

      Two-family home in Riverhead, currently generating rental income.
      418 Lincoln St, Riverhead, NY 11901
      View Details
    • $799,000
      0.12 Acres

      Riverhead Two-Family Home For Sale

      Two-family home in Riverhead with existing rental income.
      418 Lincoln St, Riverhead, NY 11901
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story, 4,843 SF mixed-use building with retail and residential potential.
    Where is this mixed-use property located?
    The property is located at 54 W Main St Riverhead, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Prime location at the gateway to Downtown Riverhead, benefiting from ongoing revitalization and residential growth.; - Approved architectural plans allow for repositioning of the ground-floor retail space and finishing of the second-floor apartments.; - Located in an opportunity zone with direct access to all public utilities.
    (631) 354-8100
    Request Owner's contact information
    54 W Main St Riverhead, NY 11901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    54 W Main St
    Riverhead, NY 11901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    54 W Main St Riverhead, NY 11901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.