513 Ny-112Coram, NY 11727

  • Retail properties
  • 2,400 SF
For Sale
$2,950,000 View listing

Property Details for 513 Ny-112

Lot size
1.06 AC
Property size (Sq ft)
2,400 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional investment opportunity presents a former IHOP restaurant located at 513 NY-112, Coram, NY 11727 in Suffolk County. The property encompasses a substantial 2,400 square feet situated on a 1.06-acre lot, providing ample space and potential for a variety of uses. The building is a single-story structure with 45 parking spaces, a significant advantage in a busy retail area. The property is offered fee simple, meaning complete ownership. Real estate taxes are currently $25,993 annually. This prime location offers high visibility and accessibility, making it an ideal site for a restaurant or other commercial enterprise. The substantial lot size allows for flexibility in development and expansion. The property's history as a successful restaurant establishes a proven track record in the location. This presents a unique chance to acquire a well-situated commercial property with significant upside potential in a thriving market. The property's size, parking, and location combine to create a compelling investment opportunity for both owner-users and investors seeking a strong return. This is a rare chance to own a piece of established commercial real estate in a desirable area.

Location Insight

City
Coram
County
Suffolk
State
New York
Latitude
40.9301
Longitude
-73.051

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