5087 Sound Ave 2,300 SF Retail Building Riverhead, NY 11901 $1,744,500 CAD ($758.48 CAD/SF)
INVESTMENT HIGHLIGHTS
- Liquor store completely renovated
- Excellent central, high traffic location
- Deli has new lighting, hot food bar and fridge.
- 3 bedroom apartment with excellent rental history
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 5087 SOUND AVE , RIVERHEAD, NY 11901
This exceptional property features two newly renovated buildings on a high-traffic road, making it an ideal investment. The first building is a 600 sq ft liquor store with a fully updated interior, new counters, and a full basement. The second building is a 1,700 sq ft deli, equipped with a full kitchen, new lighting, a hot food bar, and a new fridge, alongside the existing walk-in fridge. The business, including both the liquor store and deli, is included in the sale, with inventory negotiable separately. Above the deli is a spacious 3-bedroom, 1-bath apartment, recently refreshed with updated floors and paint, and featuring a rebuilt boiler and appliances less than two years old. Both buildings are equipped with central air conditioning and new above-ground oil tanks, with a total of 11 parking spots available, making this a prime turnkey property with strong income potential.
PROPERTY TAXES
| Parcel Number | 0600-020-00-04-00-002-000 | Improvements Assessment | $97,462 CAD |
| Land Assessment | $38,698 CAD | Total Assessment | $136,160 CAD |
