245 Love Lane NW, Mattituck, NY, 11952
$2,575,000
Mixed Use
Commercial
Details
ML#: 3532051
- Business Type: Commercial, Food Service, Mixed Use, Other, Residential, Retail
- Sale or Rent:Sale
- Taxes: $30,000
- Status:Active
Description
This +17, 500 sq.ft. offering on Love Lane is an incredible opportunity to own the largest commercial property on the most iconic street on the North Fork. Attractive Owner Financing to Qualified Buyers. Make your mark on the North Fork by renovating this expansive building. There are also rare approvals for a restaurant, retail, and an apartment, with a pro forma NOI of +$400, 000! The site features 58 private parking spaces & additional town parking, and ideally located in the heart of the North Fork adjacent to the Mattituck LIRR train station with proximity to the two main thoroughfares. The visibility is second to none and to have this much square footage in such a prized location puts this offering in a league of its own. The North Fork continues to witness significant year-round and weekend population growth. These residents have significant disposable income and continually seek increased food & beverage, retail, and office options. The Current Building Is Comprised Of 17, 652 Gross Sq. Ft.; First Level - 6, 895 sq. ft. of ground floor space, Second Level - 3, 862 sq. ft. of second floor space, & Lower Level - 6, 895 sq. ft. of floor area.
More Property Details
Lot Size: 0.89
Lot Sq Ft: 38639
Stories: 2
Waterfront Desc: Water Access
Heat: Natural Gas
Sewer: Septic Tank
Taxes: $30,000
Zoning: Commercial
Block: 3
Lot: 30
Listing Information provided courtesy of
Compass Greater NY LLC
631-629-7675