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    Prime Retail Location in Smithtown Title is generated by Realmo AI

    117 E Main St, Smithtown, NY 11787

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    For Sale
    $750,000

    Dynamic retail space in the heart of Smithtown for sale.

    Type:Commercial
    Property size:
    2,252 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $333/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 5 at 5:36 am

    Property Features for 117 E Main St

    General Information

    Standard status
    Active
    Size
    2,252 SF
    Lot size
    0.06 Acres
    Property subtype
    Commercial

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    Louis Fisher

    Listing office

    Listing date Mar 11, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Louis Fisher

    HighLights

    • Prime corner retail location in the heart of Smithtown.
    • Successful retail history of 30+ years.
    • High visibility with five large plate glass doors for display windows.
    • Located directly across from a vibrant shopping center.
    • 2252 sq ft of combined commercial space (1126 sq ft main level, 1126 sq ft lower level).
    • Upgraded features including central air conditioning and 220 electric service.

    Overview

    This corner retail location in Smithtown offers a space for a retail sales shop. The property has supported a retail business for over 30 years. It features hardwood plank floors, Bilco doors for deliveries to the full lower level, one bathroom, and an office. Interior upgrades include central air conditioning and upgraded 220 electric service. Oil heat and French drains are installed throughout. The property features five plate glass doors at the front. The main retail level offers 1126 square feet, with an additional 1126 square feet on the lower production level, totaling 2252 square feet of commercial space.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $75.7k $33.60
    − Vacancy −$4.9k −$2.18
    EGI $70.7k $31.42
    − OpEx −$21.2k −$9.42
    NOI $49.5k $21.99
    2,252 SF · lease $33.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $707.5K
    $619.1K – $825.4K (±1% cap)
    NOI $49,524 @ 7.0% cap · market cap 6.60%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.39M
    $1.22M – $1.63M (±1% cap)
    NOI $97,611 @ 7.0% cap · market cap 13.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smithtown Picture Frame (Bike/Boat/Book/etc) Store

    Suggested Use

    Electrical Service (Bike/Boat/Book/etc) Store Arcade & Gaming Center Catering Service Mobile Phone Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Travel Agency Cosmetic Store Restaurant

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

    Similar Places Nearby

    • Elegant Petals Floral Design — 3 Terrace Ln, Smithtown, NY 11787

    Location Insight

    • Map
    • Local Demand
    City
    Smithtown
    County
    Suffolk
    State
    New York
    Longitude
    -73.1899
    Latitude
    40.8562

    FAQs

    What type of property is this?
    Storefront property - Dynamic retail space in the heart of Smithtown for sale.
    Where is this storefront property located?
    The property is located at 117 E Main St Smithtown, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Prime corner retail location in the heart of Smithtown.; Successful retail history of 30+ years.; High visibility with five large plate glass doors for display windows.
    More about this property
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