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16 N Main St
3,350 SF of 4-Star Retail Space Available in Port Chester, NY 10573
Highlights
- Historic bank building completely renovated 2022 adjacent the Metro North Train Station
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,350 SF | 10’ - 20’ | 10-15 Years | $35.00 /SF/YR $2.92 /SF/MO $117,250 /YR $9,771 /MO | Triple Net (NNN) |
1st Floor
The Old Mutual Trust Building located at 16 N. Main Street in Port Chester reflects the architecture of a past era. The sculptured crown molding encompasses the terracotta roof of the building, and arched cathedral windows span the first floor’s 20-foot vaulted ceiling. Infrastructure in place for a restaurant use. The redevelopment of this historical building captured this building’s architectural attributes and preserved and integrate the best from the past with the new design. The architectural firm of Ridberg & Associates out of Greenwich, Conn. has designed the project to compliment the existing architecture and the streetscape environment around the project. The result is a Restaurant/Retail setting with a high vaulted ceiling. This unique space will be ideal for a restaurant or Retail use that desires a cornerstone location and a distinguishing presence within a chic urban market. Located above the restaurant level will be luxury apartments that will boast convenient access to Multi-Family Apartments, shopping, banking, restaurants, the train station, the 14-Screen Loews Cineplex and the Capitol Theater. Sandwiched between the Capitol Theatre (+/- 2,255 capacity), the Loews Cineplex (14 screen), the Train Station, the retail streetscape along N. Main Street, the Waterfront at Port Chester (500,000 square foot shopping center) and multiple New Luxury Apartment Communities, this project is located at the heart of the retail core of this vibrant market. The location receives considerable exposure to both pedestrian and street traffic. Patrons of the theaters, the train station and residence of the residential communities will have the convenience of a short walk to the Old Mutual Trust Building for dining/shopping, or just a casual drink in an aesthetically-pleasing atmosphere. Port Chester has become a popular venue for restaurants, boasting some of the top cuisine in Westchester County.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- High Ceilings
- Finished Ceilings: 10’ - 20’
- Adjacent Metro Noth Train Station
- I-block from Capitol Theatre
- End Cap of Street Scape
- High Ceilings
- Designed for restaurant infrastructure
- Unique Historic Bank Building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 16 N Main St , Port Chester, NY 10573
| Total Space Available | 3,350 SF | Gross Leasable Area | 11,750 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2022 |
| Property Subtype | Restaurant |
| Total Space Available | 3,350 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 11,750 SF |
| Year Built/Renovated | 1900/2022 |
About the Property
Located at the epicenter of three major crossroads, N. Main Street, (Route 1), Westchester Avenue (Route 112) and King Street (Route 120A), the location of this property provides very good visibility. Over 2,000 luxury multi-family apartments exist, under construction and/or approve to be built, surround this building. Great exposure/visibility at the gateway into Port Chester with frontage on 3 streets (N. Main, Westchester Avenue and King Street). The advantage of a traffic light in front of the property, as well as being situated directly across the street from the Waterfront at Port Chester, a 500,000 square foot shopping center, further enhances the property’s location. This property resides in the center of the boutique shops & restaurants in this highly desirable retail trade-area. Located within one block from the Capitol Theatre, which has approx. +/- 2,255 capacity and +/- 162 shows per year (3 to 4 shows per week), including such artists as Bob Dylan. Interstate 95 and Interstate 287 wrap around the Port Chester market providing convenient access from any direction. Situated in and amongst several of the most affluent cities in the United States, Greenwich, CT, Purchase, NY, Rye, NY and Rye Brook, NY, helps this market to yield some very attractive demographics (over 70,000 in 3-Mile Radius). Over 10,000,000 square feet of Class “A” & “B” office properties in the immediate trade area. Street parking is conveniently located in front and in the rear of the building, plus additional parking is located at a large municipal lot one short block from North Main Street and across the street at the Waterfront at Port Chester. Combined Avg. Daily Traffic Count is over 20,000 cars per day. The property’s location along a major bus route and within a short walking distance to the Port Chester Metro North Train Station/parking lot, generates not only customers from commuter traffic, but easy public transportation for employees and patrons. SPACE INCLUDES THE FOLLOWING NEW RENOVATIONS: Hydrostatic Floor with Drains Sheetrock Walls/Ceiling with Historic Crown Molding Restaurant Chase (48” x 40”) with Black Iron to the Roof Hood & Make-Up-Air Duct Electrical & 2” Gas Line (gas request – 2,000 cfh @ 4” wc) All new Doors and Windows (double pain/thermal insulated) Six (6) Replicated Thermal Insulated Cathedral Windows Open Landscape Space 16-Ton HVAC System, Electrical & Plumbing (Sized for Restaurant Use) Electric to Tenant – 600A, 3ph, 208v Water line to Tenant is 1-1/2” Waterproof Building System (Flood Panel System) New Common Area Lobby, Stairs and Elevator Restaurant Seating Area - Six (6) Stubbed Floor Drains/One (1) Water Line (1-1/2”)
- 24 Hour Access
- Commuter Rail
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Nearby Major Retailers
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16 N Main St
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