Formerly Riverhead Dodge 642 W Main St 16,263 SF Retail Building Riverhead, NY 11901 $2,995,000 ($184.16/SF)
INVESTMENT HIGHLIGHTS
- The property is less than a three minute drive off of State Route 25.
- This fully turnkey automobile dealership provides a great opportunity.
- Includes a pristine lot and two buildings to grow your automobile business.
- In just a three minute drive, find yourself in downtown Riverhead with plenty of restaurants and retail.
- This ample sized lot includes 80+ parking spaces.
EXECUTIVE SUMMARY
Prime opportunity to purchase a dually operating automobile dealership and repair shop, formerly Riverhead Dodge. This 1.5 acre property is in a great location, just off Route 25 and minutes from various restaurant and retail spaces. This 10,719 sq. ft. space includes drive-ins for auto repair, and showroom space for automobiles. There is ample parking at 80 spaces, with plenty of room to show and market automobiles. Additional 5,544 sq. ft. second storage building.
For Sale - $2,995,000 or For Lease $18-$20 / SQ. FT.
For Sale - $2,995,000 or For Lease $18-$20 / SQ. FT.
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,263 SF
Building Class
C
Year Built
1990
Price
$2,995,000
Price Per SF
$184.16
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
431 - Zoned for Automotive Sales, Repair, & Storage.
Parking
80 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
226’ on Main St
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Prime opportunity to purchase a dually operating automobile dealership and repair shop, formerly Riverhead Dodge. This 1.5 acre property is in a great location, just off Route 25 and minutes from various restaurant and retail spaces. This 10,719 sq. ft. space includes drive-ins for auto repair, and showroom space for automobiles. There is ample parking at 80 spaces, with plenty of room to show and market automobiles. Additional 5,544 sq. ft. second storage building. Available For Lease at $18-$20 SF and For Sale - $2,995,000 Available vacant on 4/1/25
| Space | Size | Space Use | Position | Available |
| 1st Floor | 16,263 SF | Industrial | - | Now |
1st Floor
| Size |
| 16,263 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0600-124-00-03-00-018-000 | Total Assessment | $130,000 (2023) |
| Land Assessment | $64,700 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $65,300 (2023) | Tax Year | 2022 |
