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Property profile & analytics
OFF-MARKET
Mixed-use properties

218 Main St Riverhead, NY 11901

0.4 ac lot Built 1897
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1897
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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