469 Main St
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469 Main St
2,600 SF Retail Building West Sayville, NY 11796 $1,150,000 ($442/SF)
Investment Highlights
- 247 Feet of Frontage
- 35 Parking Space + small overflow lot
- Ice House generating $12,600 annually
- Across from the West Sayville Golf Course
Executive Summary
Excellent Opportunity to Purchase this 2,600 SF Freestanding Retail/Restaurant Building Located on Heavily Traveled Main Street in West Sayville. With Over 16K Vehicles Passing this Location Per Day this is the Ideal Building for any Retail/Restaurant Use. Ample Parking For 35 Cars on Large 0.94 Acre Lot, Plus Small Overflow Lot, Former Restaurant Established for 45+ Years, Full Basement for Dry Storage. Perfect for Restaurant / Sports Bar /Grill. Building was Renovated within the Past Year and includes New Siding, New Roof, New A/C. Interior is Vanilla Box and Ready for New Owner to Make their Own! The Property Also Includes a 300 SF Building That Is Home to a Popular Italian Ice Business (7 years remaining on lease) and an Additional 800 SF Building for Storage. Minutes To Sayville Village and all of Its Amenities. Ideal for Investor or End-User!
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
$12,600
|
$4.85
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$12,600
|
$4.85
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | $12,600 |
| Annual Per SF | $4.85 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $12,600 |
| Annual Per SF | $4.85 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Building Class
C
Year Built
1950
Price
$1,150,000
Price Per SF
$442
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
0.94 AC
Zoning
A - a set of laws that regulate how land and buildings can be used in a specific area.
Parking
35 Spaces (13.46 Spaces per 1,000 SF Leased)
Frontage
247 FT on Montaul Hwy.. (27A)
Amenities
- Restaurant
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0500-406-00-01-00-050-000 | Improvements Assessment | $32,700 (2023) |
| Land Assessment | $56,300 (2023) | Total Assessment | $89,000 (2023) |
PROPERTY TAXES
Parcel Number
0500-406-00-01-00-050-000
Land Assessment
$56,300 (2023)
Improvements Assessment
$32,700 (2023)
Total Assessment
$89,000 (2023)
-
Joanne Sturchio -
Douglas Elliman
(613) 294-3628
x3925
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469 Main St
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