4
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$1,250,000
Est. payment /mo
3,920 Sqft Lot
New
54 W Main ST Riverhead, NY 11901
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 899299
Rental Info No
Year Built 1922
Annual Tax Amount $10,445
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Mixed Use
Source onekey2
Property Description
This prime mixed-use retail and residential property consists of a two-story, 4,843-square-foot building on a 3,920-square-foot lot, strategically positioned at the gateway to Downtown Riverhead.
Current ownership has secured architectural plans allowing a future owner to reposition the ground-floor retail space and to finish the apartments on the second floor. Located in an opportunity zone, the property offers direct access to public utilities, including sewer, water, gas, and electricity.
The building currently features a 3,800-square-foot retail suite on the ground floor, previously occupied by a restaurant, along with two framed out, ready to finish apartments on the second floor. Recent upgrades include a modern glass storefront, new second-floor windows, and a new roof. Zoned Downtown Center 1: Main Street (DC-1), the property sits at property sits at the heart of the Main Street district, where more than 500 residential units are proposed or currently under construction. Ample parking in large rear Municipal lot for 200 + Vehicles.
Boasting a prominent location across from the Peconic River, and directly next door to the infamous Digger's Pub, 54 W Main Street is ideally positioned within Riverhead's growing downtown, benefitting from ongoing revitalization efforts that continue to attract businesses and spur residential growth. Its central location between the North and South Forks provides convenient access to the Hamptons, North Fork wineries, picturesque farms, and the vibrant retail hub along Old Country Road, offering a unique blend of commerce and community. Additionally, the property is minutes away from key attractions such as the Long Island National Golf Club, The Riverhead Aquarium, Tanger Outlet Center, and Briermere Farms.
Current ownership has secured architectural plans allowing a future owner to reposition the ground-floor retail space and to finish the apartments on the second floor. Located in an opportunity zone, the property offers direct access to public utilities, including sewer, water, gas, and electricity.
The building currently features a 3,800-square-foot retail suite on the ground floor, previously occupied by a restaurant, along with two framed out, ready to finish apartments on the second floor. Recent upgrades include a modern glass storefront, new second-floor windows, and a new roof. Zoned Downtown Center 1: Main Street (DC-1), the property sits at property sits at the heart of the Main Street district, where more than 500 residential units are proposed or currently under construction. Ample parking in large rear Municipal lot for 200 + Vehicles.
Boasting a prominent location across from the Peconic River, and directly next door to the infamous Digger's Pub, 54 W Main Street is ideally positioned within Riverhead's growing downtown, benefitting from ongoing revitalization efforts that continue to attract businesses and spur residential growth. Its central location between the North and South Forks provides convenient access to the Hamptons, North Fork wineries, picturesque farms, and the vibrant retail hub along Old Country Road, offering a unique blend of commerce and community. Additionally, the property is minutes away from key attractions such as the Long Island National Golf Club, The Riverhead Aquarium, Tanger Outlet Center, and Briermere Farms.
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Common
Utilities Available Electricity Available, Water Available
Total Parking Spaces 200
Building
Lot Description City Lot, See Remarks
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Douglas Elliman Real Estate • Kristy B. Naddell