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89 Peconic Ave

1 Acre of Commercial Land Offered at $1,500,000 in Riverhead, NY 11901

Investment Highlights

  • Located between E. Main Street and Nugent Drive on the Peconic River

Executive Summary

1 acre retail redevelopment site with preliminary site plan approval to construct a 4,000 sq. ft. restaurant with rooftop bar and canoe rental
business. 160' frontage on Peconic Avenue with 3 curb cuts

Property Facts

Price $1,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Restaurant
Total Lot Size 1.00 AC

1 Lot Available

Lot

Price $1,500,000
Price Per AC $1,500,000
Lot Size 1.00 AC

Located between E. Main Street and Nugent Drive on the Peconic River adjacent to Grangabel Riverhead Town Park at the entrance way to main street Riverhead business district.

Description

Presenting a unique opportunity for retail development in the heart of Riverhead situated on the Peconic River. This highly visible parcel at 89 Peconic Ave is strategically located in a vibrant commercial corridor, surrounded by established shopping centers, dining, and entertainment options. Situated just minutes from Main Street and convenient access to nearby Route 58, this site offers significant exposure to both local residents and seasonal visitors.

Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0900-118-00-02-00-002-000
Land Assessment
$295,400
Improvements Assessment
$125,600
Total Assessment
$421,000

zoning

Zoning Code HB (Highway Business)
HB (Highway Business)
  • Listing ID: 25271657

  • Date on Market: 3/17/2022

  • Last Updated:

  • Address: 89 Peconic Ave, Riverhead, NY 11901

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