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1636 Main Road

Jamesport, NY 11947
  • $2,188,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 3527665
$2,188,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers & End-Users!!! 3 Acre 9.35 Cap 7 Unit Mixed-Use Property For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp, High 14' Ceilings, 128 Parking Spaces, Strong HC Zoning, Fenced Lot, A/C, +++!!! The Property Is Located In The Heart Of Jamesport Near The Tanger Outlets & Splish Splash Water Park!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Walgreen's, Bob's Discount Furniture, Mattress Firm, HomeSense, Buffalo Wild Wings, Davis Visionworks, McDonald's, +++!!! The Property Has 290 Feet Of Frontage On Main Road!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Main House: 1st Floor (2 Br. Apt): $18,000 Ann. M-M. 1st Floor Rear Unit (1 Br. Apt.): $12,000 M-M. 2nd Floor (2 Br. Apt.): $18,000 Ann. M-M. Cottage: $12,000 Ann. M-M. Retail Store (1,200 Sqft.): $30,000 Ann.; M-M. 9 Greenhouses: $60,000 Ann. M-M. 4 Bay Barn (5,000 Sqft.): $76,000 Ann. Gross Income: $226,000 Ann. Expenses: Gas: $1,680 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,826 Ann. Taxes: $16,081 Ann. Water: $532 Ann. Total Expenses: $21,369 Ann. Net Operating Income (NOI): $204,631 Ann. (9.35 Cap!!!)

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-03-04T00:17:23.943.
www.nicoleburkehomes.com/homes/146942262
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1636 Main Road Jamesport, NY 11947

  • Price: $2,188,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 3527665
0
Beds
0
Baths
0
½ Baths
3
Acres
1910
Built
Neighborhood:
Riverhead
County:
Suffolk
Area:
Riverhead
Property Description
Calling All Investors, Developers & End-Users!!! 3 Acre 9.35 Cap 7 Unit Mixed-Use Property For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp, High 14' Ceilings, 128 Parking Spaces, Strong HC Zoning, Fenced Lot, A/C, +++!!! The Property Is Located In The Heart Of Jamesport Near The Tanger Outlets & Splish Splash Water Park!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Walgreen's, Bob's Discount Furniture, Mattress Firm, HomeSense, Buffalo Wild Wings, Davis Visionworks, McDonald's, +++!!! The Property Has 290 Feet Of Frontage On Main Road!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Main House: 1st Floor (2 Br. Apt): $18,000 Ann. M-M. 1st Floor Rear Unit (1 Br. Apt.): $12,000 M-M. 2nd Floor (2 Br. Apt.): $18,000 Ann. M-M. Cottage: $12,000 Ann. M-M. Retail Store (1,200 Sqft.): $30,000 Ann.; M-M. 9 Greenhouses: $60,000 Ann. M-M. 4 Bay Barn (5,000 Sqft.): $76,000 Ann. Gross Income: $226,000 Ann. Expenses: Gas: $1,680 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,826 Ann. Taxes: $16,081 Ann. Water: $532 Ann. Total Expenses: $21,369 Ann. Net Operating Income (NOI): $204,631 Ann. (9.35 Cap!!!)
Exterior Features

Cross Street Manor Lane Overhead Door 0

Property Features

Gross Income 226000 MLSArea Minor 30 Net Operating Income 204631 Operating Expense 21369 Property Sub Type Mixed Use Tax Annual Amount 16081 Tax Annual Amount1 16081 Zoning Description Mixed Use

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-03-04T00:17:23.943.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803