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    FOR SALE
    Warehouses

    1175 W Main St, Riverhead, NY 11901

    3,750 SF 0.91 ac lot Built 1938
    Entity Owned ~ Est. High Equity
    Property ID
    US63-2995255
    Property summary
    AI-generated overview

    This exceptional Riverhead, NY industrial property boasts 5,614 square feet on a 0.91-acre lot, offering significant upside potential for investors, developers, and end-users. The property, located at 1175 W Main St, enjoys prime visibility with excellent signage and 223 feet of frontage. Its strategic location in the heart of Riverhead places it minutes from Tanger Outlets, Riverhead Raceway, and Splish Splash, ensuring high traffic and exposure. The building features high 16-foot ceilings, two warehouse bays, a dedicated office area, and all-new LED lighting. Ample parking is provided with 58 spaces. The property also includes four skylights, central air conditioning, and a strategically placed curb cut. The strong RFC zoning allows for a variety of uses. Outdoor seating is available, adding to the property's versatility. Previously home to a successful restaurant for over 23 years, the property can be delivered vacant. Annual expenses total $18,755.18, encompassing insurance ($2,843), maintenance and repairs ($250), and property taxes ($15,662.18). The property generates a net operating income of $41,244.82 annually. Nearby businesses include major retailers such as Toyota, Nike, Walmart, Costco, The Home Depot, Target, Lowe's, Marshalls, HomeGoods, Mattress Firm, and IHOP, further highlighting the property's advantageous location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1938
    Total area 3,750 SF
    Lot 0.91 ac (39,640 SF)
    Zoning code RFC
    APN 0600-125.00-02.00-025.002
    UPID US63-2995255
    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
    Current use
    Occupant on record · Public records
    • Buoy One - Riverhead Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    1175 West Main LLC
    1175 West Main LLC
    since 2025
    1 recorded transaction
    2025
    $1.3M
    Zoning & alternative use
    RFC · Riverhead, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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