10 Peconic Ave Riverhead, NY 11901-3300

This exceptional mixed-use property at 10 Peconic Ave, Riverhead, NY 11901, presents a unique investment opportunity. The three-story building, constructed in 1920, boasts 8,076 square feet and features a ground-floor restaurant space with a private catering hall and dry bar, accessible from Peconic Avenue and a rear municipal parking lot. The second floor offers an office, a framed-out bathroom, and a framed-out open area extending to the third floor, providing significant potential for expansion or customization. Currently zoned DC-1, this property is ideally situated in the heart of downtown Riverhead, close to the Peconic River, and benefits from numerous planned redevelopment and revitalization projects in the area. This building is being sold as a package with 1-9 E. Main St., Riverhead, offering a combined investment opportunity. The asking price for 10 Peconic Ave is $1,395,000. The building comprises four units across three stories, offering flexibility for various uses. This is a blank canvas ready for your vision, offering significant income-generating potential. The property's location offers convenient access to municipal parking.