Retail Redevelopment Waterfront
For Sale
Contact for pricing
89 Peconic Ave, Riverhead, NY 11901
One-acre waterfront parcel with 160 feet of frontage on Peconic Avenue and preliminary approval for a 4,000 SF restaurant.
Lot Size1.00 Acre
Days on Market760
Property Features for 89 Peconic Ave
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
LAND
Additional Details
Road Access
Yes
Listing Agency:
NAI Long Island
(516) 779-8184
Listed By:
Brian McGuire
(516) 779-8184
Source:
Moodyscre
Added: Jul 1, 2024
Changed: Jul 25
Last Checked: Jul 25 at 2:01AM
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 NAI Long Island
Investment Insights
Based on property information with market context.
This one-acre waterfront redevelopment site includes preliminary site plan approval for construction of a 4,000 square foot restaurant with a rooftop bar and a canoe rental business.
The property offers 160 feet of frontage on Peconic Avenue with three curb cuts for access. It is located between E. Main Street and Nugent Drive on the Peconic River, adjacent to Grangabel Riverhead Town Park at the entrance to the main street Riverhead business district.
The approved plan contemplates a hospitality-focused use combined with an on-site canoe rental component, supported by the available roadway access via multiple curb cuts.
The property offers 160 feet of frontage on Peconic Avenue with three curb cuts for access. It is located between E. Main Street and Nugent Drive on the Peconic River, adjacent to Grangabel Riverhead Town Park at the entrance to the main street Riverhead business district.
The approved plan contemplates a hospitality-focused use combined with an on-site canoe rental component, supported by the available roadway access via multiple curb cuts.
Key Highlights
- 1‑acre retail redevelopment site with preliminary site plan approval for a 4,000 SF restaurant
- 160' frontage on Peconic Avenue
- 3 curb cuts on Peconic Avenue
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,262
Businesses Nearby
Explore this area
Business Placement
Demographics for 11901, NY
30,936
Population
13,126
Households
2.4
Avg Household Size
42
Median Age
21%
College-Educated
79%
High-School Grad
56.7 sq mi
ZIP Area
546
Density / Sq Mi
$83,252
Median Household Income
$39,949
Median Earnings
$2,195
Median Rent
$437,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - One-acre waterfront parcel with 160 feet of frontage on Peconic Avenue and preliminary approval for a 4,000 SF restaurant.
Where is this waterfront land located?
The property is located at 89 Peconic Ave Riverhead, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 1‑acre retail redevelopment site with preliminary site plan approval for a 4,000 SF restaurant; 160' frontage on Peconic Avenue; 3 curb cuts on Peconic Avenue
