845 Raynor Ave
Self-Storage Warehouse Site with Income Producing Tenant
Marketing description
8 Acres of Subdividable Commercial zoned land located along the Route 58 Corridor, Riverhead – the commercial hub of Eastern Long Island. Property includes 10,000 sq.ft. standalone NNN tenant that generates income and covers the property taxes, CAM, and insurance.
Subdividable into lots - minimum lot size is 2 aces - could be subdivided up to 4 lots.
Permitted coverage is 25%. Room to construct 87,000 sq.ft.
City Water and Sewer.
Property is located in a Qualified Opportunity Zone – IRS Tax Code - may provide tremendous tax benefits, including deferral and increased basis, PLUS the elimination of all future capital gains on the re-sale of the property.
Permitted Uses Include:
- Self-Storage / Warehouse
- Outdoor storage
- Contractor’s Space
- Medical and Professional Offices
- Medical Labs
- Veterinary Services and Kennel
- Miniature Golf Course
- Go Cart Raceway: Indoor/Outdoor
- Gym Physical Fitness
- Auto Service and Repairs
- Marine Service and Repairs
- Wholesale Businesses
- General Manufacturing
...More
PLEASE DO NOT DISTURB HYDRANT HOTEL TENANT**
**NDA required & Proof of Funds required for tenant info.
Investment highlights
8 Acres of Subdividable Commercial zoned land located along the Route 58 Corridor, Riverhead – the commercial hub of Eastern Long Island.
Property includes 10,000 sq.ft. standalone NNN tenant that generates income and covers the property taxes, CAM, and insurance.
Subdividable - minimum lot size is 2 aces - could be subdivided up to 4 lots.
Permitted coverage is 25%. Room to construct 87,000 sq.ft.
City Water and Sewer.
Property is located in a Qualified Opportunity Zone – IRS Tax Code - may provide tremendous tax benefits, including deferral and increased basis, PLUS the elimination of all future capital gains on the re-sale of the property.
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