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34362820
34362819

350 East Main Street, Patchogue, NY 11772 For Sale

MT
NY 10401244358
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan
$8,350,000
5 days on market
Updated 5 days ago

East Main Street Shopping Center

Details
Property Type Retail
Sub Type Restaurant, Storefront (+1)
Square Footage 27,388
Net Rentable (SqFt) 27,338
Units 15
Occupancy 93%
Tenancy Multi
Lease Type Modified
Price per SqFt $305
Class B
Year Built 2001
Buildings 2
Stories 1
Acreage 2.810
Parking Spaces 5.96 per 1,000 sq ft
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple
Sale Condition N/A

Retail Strip Center | ±27,338 SqFt | 2.81 AC | 23,000+ VPD

Marketing description

Marcus & Millichap is proud to present East Main Street Shopping Center (“Subject Property”), a well‑located retail center in the heart of Patchogue, NY. The property sits on a 2.82‑acre parcel and contains approximately 27,338 square feet across 15 retail suites, with 3 units currently vacant, offering immediate lease‑up upside.

Positioned along the highly trafficked East Main Street corridor, the center benefits from strong signage, wide frontage, and steady daily exposure driven by more than 22,000 vehicles per day. The location is supported by several key demand drivers, including the Patchogue LIRR Station, Davis Park Ferry, and the broader East Main Street commercial district, all contributing to consistent year‑round foot traffic.

The surrounding area continues to experience meaningful reinvestment. Most notably, Nord Development’s $160 million, 262‑unit transit‑oriented development is now underway, further strengthening the district’s long‑term fundamentals. Patchogue is also welcoming a new boutique hotel—part of the village’s ongoing hospitality and tourism expansion—along with additional mixed‑use and residential projects that continue to elevate the downtown ecosystem.

Local demographics underscore the center’s stability and growth potential: more than 66,000 residents live within a three‑mile radius, with an average household income exceeding $138,000, reflecting a strong consumer base and sustained retail demand.

Investment highlights

  • East Main Street Shopping Center sits on a 2.81‑acre parcel totaling approximately 27,388 SF (GLA).
  • Prime East Main Street frontage gives the property strong visibility and steady daily exposure, supported by a healthy mix of national retailers.
  • The location’s demand drivers include the Patchogue LIRR Station, Davis Park Ferry, and the broader East Main Street commercial corridor, each contributing to consistent year‑round foot traffic.
  • The surrounding district is undergoing substantial reinvestment, anchored by Nord Development’s $160 million transit‑oriented development now underway.

Listing Contacts

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

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