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33463440

50 E MAIN ST, RIVERHEAD, NY 11901

MT
NY 10401244358
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan
$1,200,000
1 day on market
Updated 1 day ago
Opportunity zone

50 E Main St, Riverhead, NY

Details
APN 0600-128.00-06.00-063.002
Property Type Retail
Sub Type Storefront
Square Footage 3,340
Net Rentable (SqFt) 3,340
Units 1
Tenancy Vacant
Class B
Year Built 1960
Buildings 1
Stories 1
Acreage 0.090
Zoning DC-1
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple

3,340 SF Retail Property - Value Add or End-User Opportunity

Marketing description

  • The property is situated on a 0.09‑acre parcel and comprises approximately +/-3,340 square feet.
  • It is currently vacant, providing a value-add opportunity for an investor and a potential location for an end-user.
  • The asset further benefits from direct access to municipal parking located immediately behind the building—an increasingly valuable amenity within the walkable downtown core.
  • The asset further benefits from direct access to municipal parking located immediately behind the building—an increasingly valuable amenity within the walkable downtown core.

Investment highlights

Marcus & Millichap is pleased to present the opportunity to acquire 50 E Main Street (the “Subject Property”), a retail asset strategically positioned in the heart of Downtown Riverhead, NY.

The property is situated on a 0.09‑acre parcel and comprises approximately +/-3,340 square feet of well‑configured commercial space. It is currently vacant, providing a value-add opportunity for an investor and a potential location for an end-user to place their business. The asset further benefits from direct access to municipal parking located immediately behind the building—an increasingly valuable amenity within the walkable downtown core.

Located along Riverhead’s primary commercial corridor, the Subject Property is surrounded by a robust concentration of regional demand drivers. Nearby retail anchors include Riverhead Centre, Tanger Outlets Riverhead, The Shops at Riverhead, and the Route 58 big‑box corridor, home to nationally recognized retailers such as Costco, Home Depot, Walmart, and BJ’s Wholesale Club. The area’s economic base is further reinforced by major institutional anchors, including Peconic Bay Medical Center, the Riverhead Central School District, and a network of parks, trails, and recreational amenities along the Peconic Riverfront.

With immediate connectivity to County Road 58, Sunrise Highway, and the Long Island Expressway, the property offers exceptional regional accessibility and is well-positioned to benefit from Riverhead’s continued growth, strengthening urban fabric, and rising residential and commercial demand. This combination of stable tenancy, irreplaceable Main Street positioning, and proximity to major economic drivers makes 40 E Main Street a compelling retail investment opportunity in one of Long Island’s most active and evolving downtown districts.

Listing Contacts

MT
NY 10401244358
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan

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