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Property Description

Calling All Investors, Developers & End-Users!!! 9.34 Cap 1,950 Sqft. Free Standing Building With WET Use + Private Parking Lot On Lake Avenue For Sale!!! The Property Is Located In The Heart Of Saint James 2 Blocks From The Saint James LIRR Station!!! The Building Features Excellent Signage, Great Exposure, Strong Central Business Zoning, 25 Parking Spaces, High 10’ Ceilings, Private Driveway & Parking, Sprinklers, Security System, Strategically Placed Curb Cuts, Accessible Parking & Bathrooms, All New LED Lighting, CAC+++!!! The Building Has 54+ Feet Of Frontage On Busy Lake Avenue!!! Neighbors Include Starbucks, USPS, Mercedes, Lexus, Acura, Kia, Toyota, Jeep-Dodge-Ram, Chevrolet, Mazda, Fairfield Properties, Capital One Bank, TD Bank, King Kullen, 7-Eleven, Dunkin’, Whole Foods, Costco, BP Gas, Lowe’s, Trader Joe’s, Macy’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Bean’s Bagels (1,950 Sqft.): $78,000 Ann. NNN; 3% Ann. Inc.; 5 Year Lease + (3) 5 Year Options.

Total Gross Income: $78,000 Ann.

Expenses:

Gas: $0 Ann. (NNN Lease)

Electric: $0 Ann. (NNN Lease)

Water: $0 Ann. (NNN Lease)

Maintenance & Repairs: $0 (NNN Lease)

Insurance: $0 (NNN Lease)

Taxes: $14,268 Ann. (Tenant Pays, NNN Lease)

Total Expenses: $0 Ann.

Net Operating Income (NOI): $78,000 Ann. (9.34 Cap!!!)

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Features
Heating System:
Natural Gas
Cooling System:
Central Air
Appliances:
Dishwasher, Oven, Refrigerator, Microwave
Community Features:
Park
Fireplaces Total:
0
Flooring:
Hardwood
Interior Features:
Eat-in Kitchen, Formal Dining Room
Lot Features:
Near Public Transit
Parking Features:
On Street
Sewer:
Other
Utilities:
Natural Gas Connected
Address Map
City:
Smithtown
State:
NY
County:
Suffolk County
Directions:
Rockaway Tpke to Central Avenue.
Property and Construction
Architectural Style:
Mid Rise
Construction Materials:
Brick
Development Status:
Brick, Frame
High School:
Lawrence Senior High School
Inclusions:
Dishwasher, Refrigerator, Microwave
Levels:
One
Agent MlsId:
176463
Office MlsId:
CBE01
MiddleOrJunior School:
Lawrence Middle School-broadway Camp
New Construction:
1
Number Of Units:
1
Senior Community:
1
Special Listing Conditions:
No
Stories Total:
1
Tax Annual Amount:
$13,920
Water Source:
Public
Zoning:
central/business/commerci
PhotosCount:
26

Commercial Sale For Sale

410 Lake Avenue, Smithtown, NY

$835,000
Listing ID #840668
Basic Details
Property Type :
Commercial Sale
Property SubType :
Business
Listing ID :
840668
Price :
$835,000
Bathrooms Total :
0
Building Area :
1,950 Sqft
Year Built :
1950
Status :
Active
Status :
Active
Listing Office :
All Island Estates Realty Corp
Listing Agent :
Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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