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Corner Retail Building with Offices
For Sale
Contact for pricing
Pending

86 Terry Rd, Smithtown, NY 11787

Four-unit corner retail building with fully sprinklered assembly areas, 12 private offices, and 38 parking spaces.

Property Size8,600 SF
Lot Size0.50 Acres
Days on Market112

Property Features for 86 Terry Rd

General Information

Standard status Pending
Size 8,600 SF
Total Parking Spaces 38
Lot size 0.50 Acres
Property subtype Retail

Additional Details

Cap Rate 14.67%
Road Access Yes
Sprinkler System Yes

Amenities

Excellent Signage
Great Exposure
Public Assembly
Fully Sprinklered
2 Private Parking Lots
12 Private Offices
Conference Room

Building Details

Construction Block & Steel
Listing Agency: All Island Estates Realty Corporation
Listed By: Matthew Shane · License #NY 10311207810
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 4:46AM

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 All Island Estates Realty Corporation

Investment Insights

Based on property information with market context.

This corner retail building offers a four-unit configuration and is fully sprinklered. Interior features include 12 private offices and a conference room, with block and steel construction throughout. The offering includes public assembly, signage, and off-street parking to support day-to-day operations.

The property is situated on a large corner lot and is located in the heart of Smithtown at the intersection of busy Terry Road and North Avenue. Nearby established businesses include Mercedes, Toyota, CVS, Walgreens, Ford, 7-Eleven, Dunkin’, and Chase.

With 38 parking spaces and two private parking lots, the site is designed to accommodate customer and employee parking needs for a retail-based use.

Key Highlights

  • Mint 4‑unit corner retail building with 14.67 cap (proforma) and 8,600 SF income stated at $28/SF
  • Large 21,780 SF corner lot on the corner of Terry Road and North Avenue in Smithtown
  • Fully sprinklered public assembly areas plus 12 private offices and a conference room

Property Analytics

Current Use

K'mika's Long Island ... Training Center Tozai Sword School Training Center

Suggested Use

Top Pick Furniture & Home Goods Electrical Service Garden Center Daycare Center Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
13,416 visits/mo 0.3 miles
Sunoco Shops & Services
12,765 visits/mo 0.2 miles
Chase Bank Shops & Services
10,327 visits/mo 0.4 miles
TD Bank Shops & Services
6,324 visits/mo 0.3 miles
Smithtown Toyota Shops & Services
4,995 visits/mo 0.3 miles

Demographics for 11787, NY

35,361
Population
12,147
Households
2.9
Avg Household Size
45
Median Age
51%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
2,373
Density / Sq Mi
$141,505
Median Household Income
$64,248
Median Earnings
$2,349
Median Rent
$642,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Four-unit corner retail building with fully sprinklered assembly areas, 12 private offices, and 38 parking spaces.
Where is this retail space located?
The property is located at 86 Terry Rd Smithtown, NY.
What are key features of this property?
This property features: Mint 4‑unit corner retail building with 14.67 cap (proforma) and 8,600 SF income stated at $28/SF; Large 21,780 SF corner lot on the corner of Terry Road and North Avenue in Smithtown; Fully sprinklered public assembly areas plus 12 private offices and a conference room
More about this property
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