289 Station RdBellport, NY 11713

Property Details for 289 Station Rd

Lot size

0.28 AC

Property type

Investment properties

Property subtype

Retail residential properties

APN

0200-978.10-02.00-009.002

APU

200978100200009002

Description

This exceptional commercial property, located at 289 Station Road in Bellport, NY, presents a unique opportunity for a variety of businesses. The 5,352 square foot building sits on a 0.28-acre lot and has undergone recent renovations, resulting in a modern and attractive workspace. The interior boasts an open-concept design with glass-enclosed office rooms, providing both privacy and a sense of spaciousness. A large and welcoming reception area sets the tone, complemented by a well-appointed conference room, perfect for client meetings or internal collaborations. A convenient kitchenette is included for staff use. Modern bathrooms have been recently installed, enhancing the overall aesthetic and functionality of the space. The property also includes a valuable garage/storage area, offering additional versatility and storage capacity. Its strategic location offers exceptional accessibility, being a short 10-minute walk from the Montauk train station and conveniently situated on the #77 bus route, ensuring easy commutes for employees and clients alike. The property's adaptable layout makes it ideal for a range of professional uses, including doctor's offices, law firms, urgent care facilities, childcare centers, or adult care services. The asking price for this turnkey commercial property is $1,350,000. This is a rare opportunity to acquire a beautifully renovated, well-located commercial building in the thriving Bellport market. Schedule a viewing today to experience the potential firsthand.

• CAP approach

  CAP return

  Valuation

  6%

  $2,795,739

  6.5%

  $2,580,682

  7%

  $2,396,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,470,173

  Geo Method

  $2,470,173

• Alternative Use

  Use

  Valuation

  Residential

  $2,580,682

  Hospitality

  $2,363,891

  Educational

  $1,966,730

  Medical

  $2,034,369

  Retail

  $3,059,358

Location Insight

City

Bellport

County

Suffolk

State

New York

Latitude

40.7676

Longitude

-72.9406

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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