101 Main St Sayville, NY 11782-2542
- Investment properties
- 0.75 lot acres
Current Use by Public Records
- Namaste LI / Website Designer
- Rite Aid Pharmacy / Pharmacy
- LibertyX Bitcoin ATM / Atm
- higi / Health Consultant
- Western Union / Money Transfer Service
Property Details for 101 Main St
- Lot size
- 0.75 lot acres
- Zone code
- BD
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 0500-382.00-06.00-004.000
- APU
- 500382000600004000
Description
This exceptional 13,035-square-foot commercial property at 101 Main Street in Sayville, NY, presents a remarkable investment opportunity. Currently available for lease, this retail and office space boasts a highly visible location in the heart of Sayville Village, with over 80 feet of street frontage. The building's former use as a Rite Aid location ensures established infrastructure and high visibility. The owner is willing to divide the space to accommodate various tenant needs. Ample parking is available, with over 200 spaces in a nearby municipal lot, supplemented by approximately 37 dedicated spots and additional street parking. Daily traffic counts exceed 17,000 vehicles, significantly increasing during peak seasons. The property benefits from its proximity to a vibrant mix of local businesses, including restaurants, high-end shops, and national retailers. Situated on Long Island's South Shore, Sayville offers convenient access to the Fire Island National Seashore via ferry and enjoys a desirable, growing demographic. Commuters will appreciate the property's proximity to the Long Island Rail Road (LIRR) and major highways. The property is zoned BD and offers an ideal setting for retail or professional office use. This is a rare opportunity to secure a prominent commercial space in a thriving Long Island community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,380,000
- 6.5%
- $3,060,000
- 7%
- $3,270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,825,000
- Geo Method
- $3,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,295,000
- Retail
- $3,365,000
- Mixed-Use
- $3,590,000
- Hospitality
- $3,575,000
- Educational
- $2,885,000
- Residential Income
- $3,270,000
- Energy
- $3,015,000
- Income-Based Land
- $3,720,000
- Food Service
- $3,365,000
Location Insight
- Map
- Local Demand
- City
- Sayville
- County
- Suffolk
- State
- New York
- Longitude
- -73.0842
- Latitude
- 40.7358
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
