Renovated Mixed-Use
289 Station Rd, Bellport, NY 11713
For Sale
New
$1,399,000
Retail and office areas connect with a rear warehouse and loading space in this single-level commercial property.
Property Size5,880 SF
Lot Size0.28 Acres
Price / SF$237.93
Days on Market1
Property Features for 289 Station Rd
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Frontage
Road Access
Mixed-Use Components
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Buildings
Stories
Units
Listing Agency:
Charles Rutenberg Realty, Inc.
Listed By:
Monika M. Krynska SFR
(516) 575-7500
Source:
Elliman
Added: Nov 6
Last Checked: Nov 6 at 2:45PM
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 Charles Rutenberg Realty, Inc.
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Investment Insights
Based on property information with market context.
This renovated, single-story mixed-use property contains 5,880 square feet on approximately 0.28 acres. Its interior includes finished rooms, private offices, and flexible work areas, alongside retail, office, and warehouse space. The rear warehouse has a 14-foot garage door and a loading area for deliveries. The property also provides approximately 20 parking spaces and 59 feet of frontage on Station Road.
Bellport Village, major highways, and the LIRR are noted as nearby. The combination of finished interior areas and warehouse space creates a varied commercial layout within one building.
Bellport Village, major highways, and the LIRR are noted as nearby. The combination of finished interior areas and warehouse space creates a varied commercial layout within one building.
Key Highlights
- 5,880‑square‑foot, recently renovated single‑story building
- Retail, office, and warehouse areas with finished rooms and private offices
- Rear warehouse features a 14‑foot garage door and loading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,960
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,299,200
$2.3M
Cap Rate 7%
$1,642,286
$1.6M
Cap Rate 9%
$1,277,333
$1.3M
Market Conditions
NOI Build-Up for 5,880 SF
Gross rent
$176.4K $30.00/SF
− Vacancy
−$12.2K −$2.07/SF
EGI
$164.2K $27.93/SF
− OpEx
−$49.3K −$8.38/SF
NOI
$115.0K $19.55/SF
Area
Suffolk County, NY
Vacancy
6.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,299,200
Cap Rate 7%
$1,642,286
Cap Rate 9%
$1,277,333
Alternative Uses
Best Use
Retail
$1.64M
$1.44M – $1.92M
NOI $114,960 @ 7.0% cap · market cap 8.22%
Second Best
Mixed Use
$1.50M
$1.31M – $1.74M
NOI $104,676 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,392 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
Demographics for 11713, NY
10,970
Population
3,788
Households
2.9
Avg Household Size
37
Median Age
37%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
1,959
Density / Sq Mi
$111,786
Median Household Income
$49,393
Median Earnings
$3,021
Median Rent
$474,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Suffolk County, NY
Properties on Market for Mixed-use properties in Suffolk County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office areas connect with a rear warehouse and loading space in this single-level commercial property.
Where is this mixed-use property located?
The property is located at 289 Station Rd Bellport, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 5,880‑square‑foot, recently renovated single‑story building; Retail, office, and warehouse areas with finished rooms and private offices; Rear warehouse features a 14‑foot garage door and loading area
