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Retail Redevelopment Site on Peconic
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89 Peconic Avenue, Riverhead, NY 11901

One-acre retail redevelopment site with approvals for restaurant and rentals.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market1498

Property Features for 89 Peconic Avenue

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land
Zoning HB + ROD Zoning
Investment Type Redevelopment
Listing Agency: NAI Long Island
Listed By: Brian McGuire · License #NY
Source: Crexi
Added: Jul 15, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:19AM

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 retail redevelopment site has preliminary site plan approval for the construction of a 4,000 sq.ft restaurant with a rooftop bar and a canoe rental business. The property features 160' of frontage on Peconic Avenue and includes 3 curb cuts. It is located on the Peconic River between E. Main Street and Nugent Drive, adjacent to Grangabel Riverhead Town Park, at the entrance to the main street Riverhead business district.

Key Highlights

  • Preliminary site plan approval for a 4,000 sq.ft restaurant with rooftop bar and canoe rental business.
  • 1 acre retail redevelopment site.
  • Boasts 160' frontage on Peconic Avenue with 3 curb cuts.

Property Analytics

Current Use

Spanish Fast Food ... Restaurant Peconic Paddler LI Canoe & Kayak Rental Service

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Bakery Catering Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,383
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - One-acre retail redevelopment site with approvals for restaurant and rentals.
Where is this commercial land located?
The property is located at 89 Peconic Avenue 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: Preliminary site plan approval for a 4,000 sq.ft restaurant with rooftop bar and canoe rental business.; 1 acre retail redevelopment site.; Boasts 160' frontage on Peconic Avenue with 3 curb cuts.
(516) 779-8184 Call to check price and availability
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