114-118 Main StSmithtown, NY 11787

For Sale
$799,000

Downtown Smithtown: 5,994 SF Mixed-Use Building

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 114-118 W Main St in Smithtown, NY, presents a compelling investment opportunity. The 5,994 square foot building boasts a prime downtown location, adjacent to the new Maple Loft apartment complex, ensuring high visibility and potential for strong rental income. The two-story structure comprises two second-floor apartment units and ground-floor retail space, offering diverse income streams. The property also includes a full basement, providing ample storage or potential for expansion. At the rear, there are existing storage warehouse structures which a purchaser may choose to retain or demolish to create additional parking. The property is zoned CB, offering flexibility for future development or renovations. This presents a unique chance to capitalize on the revitalization of downtown Smithtown, with the potential to increase value through renovations and strategic improvements. The asking price is $799,000. This property is situated in Suffolk County, NY, zip code 11787. The property's latitude and longitude coordinates are 40.8549209, -73.1984068 respectively.

Highlights

  • $799,000 asking price.
  • 5,994 square foot mixed-use building.
  • Two-story building with CB zoning.
  • Located at 114-118 W Main St, Smithtown, NY 11787.
  • Features two second-floor apartments and ground-floor retail space.
  • Potential for additional parking by repurposing rear warehouse structures.

Property Details for 114-118 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
5,994 SF
Stories
2

Location Insight

City
Smithtown
County
Suffolk
State
New York
Latitude
40.8549209
Longitude
-73.1984068
114-118 Main St, Smithtown, New York

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114-118 Main St
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