218 Main St Riverhead, NY 11901
- Mixed-use properties
- 0.40 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 218 Main St
- Year built
- 1897
- Lot size
- 0.40 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Riverhead, NY, presents a rare investment opportunity. Located on a 0.4-acre corner lot at 218 W Main St, the property features a well-established deli and office space, creating a strong foundation for continued commercial success. The existing deli business is included in the sale, although buyers are free to establish their own business in this prime location. Ample parking is available for both commercial tenants and customers. Adding to the property's versatility is a cozy two-bedroom apartment, ideal for owner occupancy or rental income. This residential component provides additional revenue potential and convenience. The property's location in the heart of the Northfork offers easy access to the region's renowned wineries, scenic landscapes, and thriving community. This unique blend of commercial and residential spaces makes it an attractive investment for those seeking a profitable venture in a desirable location. The asking price is $2,400,000. The square footage is not currently available. The buyer is not obligated to continue operating the deli.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.6659
- Latitude
- 40.9175