This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1702 Middle Country Rd

8,216 SF 100% Leased Retail Building Centereach, NY 11720 $1,975,000 ($240/SF) 10.31% Cap Rate

Investment Highlights

  • Located on a signalized intersection, offering unrivaled exposure to over 39,000 daily vehicles on Middle Country rd Centereach
  • In a densely populated area with an annual household income of $114,955, ideal for businesses seeking to capitalize on high disposable incomes.

Executive Summary

Tower Real Estate Commercial is pleased to offer for sale 1702 Middle Country Road, Centereach NY. This 8,216 SF building with additional full LL of approximately 5,500 SF -/+ is located in the heart of Centereach with great visibility on high traffic route 25, 1/4 west of major highway 97.
Value-added Great opportunity for an investor or an Owner user. Full renovated Restaurant turn key of 3,000 SF
Several national retail brands operate in very close proximity to the property.
For more information, please contact Zane Radwan at Cell: 516-924-4055 - Email: zane@towereny.com
The following are permitted uses. for J2 Zone
A. Art galleries.
B. Assembly and social recreation hall.
C. Automobile parking field.
D. Bank with or without accessory drive-through facility.
E. Bar, tavern or pub.
F. Billiard hall.
G. Bowling alley.
H. Catering hall.
I. College or university, excluding dormitories and other college, university, or school residential facilities.
J. Commercial center.
K. Day-care facility.
L. Delicatessen.
M. Dog/pet day care.
N. Dry cleaners.
O. Exhibit halls.
P. Health club.
Q. Indoor recreation.
R. Laundromats.
S. Live performance and community theater.
T. Lodge.
U. Movie theater, community.
V. Museum.
W. Non-degree-granting instruction/program, except those associated with manufacturing or driver training.
X. Nursery/garden center.
Y. Office.
Z. Personal service shops.
AA. Pharmacy with or without accessory drive-through facility.
BB. Places of worship, parish house, or rectory.
CC. Public, private school or parochial school with or without dormitory facilities.
DD. Restaurant.
EE. Retail sales establishment.
FF. Shops and stores for the sale at retail of consumer merchandise and services.
GG. Shops for custom work and for making articles to be sold at retail on the premises.
HH. Take-out restaurant.
II. Undertaking establishments.
JJ. Veterinary hospital, provided that all activities take place within the building.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,216 SF
Building Class
C
Year Built/Renovated
1960/2011
Price
$1,975,000
Price Per SF
$240
Cap Rate
10.31%
NOI
$203,623
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Land Acres
1.81 AC
Zoning
Commercial - J2 ZONE The following are permitted uses. for J2 Zone A. Art galleries. B. Assembly and social recreation hall. C. Automobile parking field. D. Bank
Parking
104 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
110 FT on Middle Country Rd

Amenities

  • 24 Hour Access
  • Bus Line
  • Energy Performance Rating - A
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-488-00-03-00-004-000
Land Assessment
$2,950
Improvements Assessment
$6,350
Total Assessment
$9,300
  • Listing ID: 32395012

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 1702 Middle Country Rd, Centereach, NY 11720

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}