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Formerly Riverhead Dodge 642 W Main St

16,263 SF Retail Building Riverhead, NY 11901 $4,916,380 CAD ($302 CAD/SF)

Investment Highlights

  • The property is less than a three minute drive off of State Route 25.
  • This fully turnkey automobile dealership provides a great opportunity.
  • Includes a pristine lot and two buildings to grow your automobile business.
  • In just a three minute drive, find yourself in downtown Riverhead with plenty of restaurants and retail.
  • This ample sized lot includes 80+ parking spaces.

Executive Summary

Prime opportunity to purchase a dually operating automobile dealership and repair shop, formerly Riverhead Dodge. This 1.5 acre property is in a great location, just off Route 25 and minutes from various restaurant and retail spaces. This 10,719 sq. ft. space includes drive-ins for auto repair, and showroom space for automobiles. There is ample parking at 80 spaces, with plenty of room to show and market automobiles. Additional 5,544 sq. ft. second storage building. For Sale - $3,500,000 or For Lease $27-$32 / SQ. FT.

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
16,263 SF
Building Class
C
Year Built
1990
Price
$4,916,380 CAD
Price Per SF
$302 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Land Acres
1.50 AC
Opportunity Zone
Yes
Zoning
431 - Zoned for Automotive Sales, Repair, & Storage.
Parking
80 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
226 ft on Main St

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 16,263 SF
  • Industrial
  • -
  • Now

Prime opportunity to purchase a dually operating automobile dealership and repair shop, formerly Riverhead Dodge. This 1.5 acre property is in a great location, just off Route 25 and minutes from various restaurant and retail spaces. This 10,719 sq. ft. space includes drive-ins for auto repair, and showroom space for automobiles. There is ample parking at 80 spaces, with plenty of room to show and market automobiles. Additional 5,544 sq. ft. second storage building. Available For Lease and For Sale - $3,500,000.

Space Size Space Use Position Available
1st Floor 16,263 SF Industrial - Now

1st Floor

Size
16,263 SF
Space Use
Industrial
Position
-
Available
Now

1st Floor

Size 16,263 SF
Space Use Industrial
Position -
Available Now

Prime opportunity to purchase a dually operating automobile dealership and repair shop, formerly Riverhead Dodge. This 1.5 acre property is in a great location, just off Route 25 and minutes from various restaurant and retail spaces. This 10,719 sq. ft. space includes drive-ins for auto repair, and showroom space for automobiles. There is ample parking at 80 spaces, with plenty of room to show and market automobiles. Additional 5,544 sq. ft. second storage building. Available For Lease and For Sale - $3,500,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0600-124-00-03-00-018-000
Land Assessment
$90,994 CAD (2023)
Improvements Assessment
$91,838 CAD (2023)
Total Assessment
$182,832 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022
  • Listing ID: 27452232

  • Date on Market: 2022-12-08

  • Last Updated:

  • Address: 642 W Main St, Riverhead, NY 11901

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