119 E Main St Smithtown, NY 11787
Commercial property and business for sale on busy Main Street.
Lot size:
0.05 AcresProperty Features for 119 E Main St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1975
Source:
Elliman
Listing Agent: Louis M. Fisher
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Commercial Property on Main Street
Located on a busy Main Street in Smithtown, this commercial property is available for sale. The property currently houses a successful and profitable business that has been operating for 20 years. The business generates over a million dollars in annual sales, with net profits of approximately $300,000 per year. This presents an opportunity for an investor to acquire an established business with an extensive name and client base. The business specializes in firearms, fish, and tackle, offering potential for further development. Requirements for purchasing the property include obtaining a Federal Firearms License, the ability to hold a firearm license, and a consumer affairs second-hand merchandise license. Inventory includes firearms (new and pre-owned), ammunition, accessories, fishing tackle, and bait, sold through both walk-in and internet sales. The real estate is valued at $650,000. The business name, goodwill, license, and customer list are valued at $100,000, and the inventory is valued at $50,000. The buyer has the option to purchase only the real estate for $650,000, in which case the owner will handle the business and inventory separately.
Location Intelligence
Current Use by Public Records
Jack Stuart Beige ...
Law Firm
Marotta & Kristiansen, Esqs
Law Firm
Suffolk Sportsman
(Bike/Boat/Book/etc) Store
David J. Hove, ...
Law Firm
Tax Resolution Attorney
Consultant
Similar Places Nearby
Elegant Petals Floral Design
Location Insight
- Map
- Local Demand
- City
- Smithtown
- County
- Suffolk
- State
- New York
- Longitude
- -73.2620392
- Latitude
- 40.8920161
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Commercial property and business for sale on busy Main Street.
Where is this storefront property located?
The property is located at 119 E Main St Smithtown, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - Profitable business with $1,000,000+ in annual sales and approximately $300,000 net profit per year.; - Established 20-year-old business with an extensive name and client base.; - Prime location on a busy Main Street in Smithtown by a traffic light.
