2343 Middle Country Rd, Centereach, NY 11720-3660
This exceptional value-add retail property, located at 2343 Middle Country Road in Centereach, New York, presents a compelling investment opportunity. The 8,459-square-foot building sits on a one-acre lot (43,560 sq ft) and offers ample on-site parking for 42 vehicles. Currently vacant, this property is ready for immediate occupancy by an owner-user or a savvy investor seeking to lease to a variety of tenants. Built in 2005 and renovated in 2015, the single-story building is zoned J2, permitting a wide range of uses including restaurants, bars, offices, retail stores, and more. Its prime location along Route 25 places it within a thriving retail corridor, boasting an average daily traffic count exceeding 40,274 vehicles and a median household income of $124,111 within a one-mile radius. The asking price is $2,200,000. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers. The property's features include a single unit, and the Suffolk County APN is 0200-515-00-01-00-003-000. The zip code is 11720.
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Utopia (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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