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$ 1,600,000
Est. payment | /mo
$ 1,600,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID L3579413
HOA Y/N No
Rental Info No
Annual Tax Amount $21,847
Property Sub-Type Retail
Source onekey2
Property Description
Exceptional Free-Standing Commercial Property on Middle Country Road, Selden
Seize this prime opportunity to own a versatile commercial property zoned J2 in the Town of Brookhaven, situated on a spacious 0.66-acre lot. Ideal for investors, owner-users, or a combination of both, this 7,683-square-foot free-standing building offers flexible space configured for two tenants, each with separate utility meters.
Located directly across from the high-traffic Selden Plaza Shopping Center, the property boasts excellent visibility along heavily traveled Middle Country Road. Features include abundant parking in both the front and rear, large rear overhead doors for each unit—ideal for loading and unloading—as well as an attached but separate additional storage area with an overhead door for added functionality or rental income.
The rear lot can be secured with a gate, providing extra privacy and operational convenience.
At a conservative lease rate of $24 per square foot (NNN), the property offers a potential cap rate of approximately 10.85%—a compelling investment opportunity in a strong commercial corridor.
Seize this prime opportunity to own a versatile commercial property zoned J2 in the Town of Brookhaven, situated on a spacious 0.66-acre lot. Ideal for investors, owner-users, or a combination of both, this 7,683-square-foot free-standing building offers flexible space configured for two tenants, each with separate utility meters.
Located directly across from the high-traffic Selden Plaza Shopping Center, the property boasts excellent visibility along heavily traveled Middle Country Road. Features include abundant parking in both the front and rear, large rear overhead doors for each unit—ideal for loading and unloading—as well as an attached but separate additional storage area with an overhead door for added functionality or rental income.
The rear lot can be secured with a gate, providing extra privacy and operational convenience.
At a conservative lease rate of $24 per square foot (NNN), the property offers a potential cap rate of approximately 10.85%—a compelling investment opportunity in a strong commercial corridor.
Location
State NY
County Suffolk County
Interior
Fireplace No
Exterior
Private Pool No
Others
Special Listing Condition None
Listed by Corcoran • Nicholas Amato
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Kristina Evans
Broker | License ID: 10491211077
515 Madison Ave 8th Floor # 8094, York, NY, 10022, United States