516 Walt Whitman Road, Melville, NY 11747

RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 516 WALT WHITMAN ROAD — in Melville, NY.

516 Walt Whitman Road presents an opportunity to acquire a highly visible retail building along the Route 110 corridor, one of Long Island's most desirable and heavily trafficked retail destinations. The property consists of a 10,200 square foot retail building situated on a 0.67-acre lot (±29,185 SF), originally constructed in 1969 and renovated in 2015.

The building is currently occupied by Dunkin' Donuts, with 8,700 square feet of vacant retail showroom space with high ceilings, ideally suited for a wide range of retail, showroom and service uses. Formerly occupied by Bambi Baby, the vacant space presents an exceptional opportunity for an owner-user seeking a flagship location on Route 110 with income in place to offset carrying costs.

The property benefits from approximately 130 feet of frontage on Route 110, offering high visibility and pylon signage exposure to over 42,567 vehicles per day along one of the highest-traffic commercial corridors on Long Island. The building is located approximately half a mile from Walt Whitman Shops and the newly redeveloped Whole Foods-anchored Huntington Shopping Center, surrounding the property with best-in-class national retailers and a proven draw of regional traffic.

The trade area is among the strongest on Long Island, with a median household income of $155,240 in a 5-mile radius and a substantial daytime population from nearby office buildings.