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1502 Main St

2,000 SF Retail Building Port Jefferson, NY 11777 $850,000 ($425/SF) 6.11% Cap Rate

Retail Buildings New York Port Jefferson 1502 Main St, Port Jefferson, NY 11777

Investment Highlights

  • Great exposure on Main Street
  • Long Term Tenant
  • Dedicated Parking

Executive Summary

Absolute STNL free standing retail building for sale. NOI of $51,912 with tenant responsible for all expenses. Longstanding tenant in place just renewed through 5/31/28. Highly coveted onsite parking lot offers 5 dedicated parking spaces. New roof in 2022. Parking lot repaved July 2023. The property is connected to municipal sewers and has oil heat, (gas in the street makes conversion possible). The property has 57 feet of frontage on busy Main Street. Revitalization in full swing with new housing construction completed and more underway. DO NOT DISTURB TENANT.
Located on Main Street in Port Jefferson Village. Steps from the Long Island Railroad. One train stop from the campus of SUNY Stony Brook. Less than 1/2 mile from Northwell Mather Hospital and St. Charles Hospital. One mile from the Port Jefferson / Bridgeport Ferry to Connecticut.

Attachments

1502 Main Street Port Jefferson Sale Brochure

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built
1977
Price
$850,000
Price Per SF
$425
Cap Rate
6.11%
NOI
$51,912
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.14 AC
Zoning
C2
Parking
5 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
57 FT on Main St
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Nearby Major Retailers

IHOP
Dime Community Bank
Starbucks
Chase Bank
Planet Fitness
Webster Bank
Bank of America
ShopRite
Hurricane Grill & Wings
(631) 389-0263

Contacts

  • Listing ID: 28627429

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: 1502 Main St, Port Jefferson, NY 11777

The Retail Property at 1502 Main St, Port Jefferson, NY 11777 is currently available for sale. Contact CAMCO Commercial Real Estate for more information.

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1502 Main St
(631) 389-0263 x

1502 Main St

1/2

Aric Schachner

(631) 389-0263

(631) 389-0263

Lorraine O'Hara

(631) 389-0264

(631) 389-0264

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