114-118 Main StSmithtown, NY 11787

Property Details for 114-118 Main St

Lot size

0.25 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

0800-104.00-01.00-006.000

APU

800104000100006000

Description

This exceptional mixed-use property, located at 114-118 W Main St in Smithtown, NY, presents a compelling investment opportunity. The 5,994 square foot building boasts a prime downtown location, adjacent to the new Maple Loft apartment complex, ensuring high visibility and potential for strong rental income. The two-story structure comprises two second-floor apartment units and ground-floor retail space, offering diverse income streams. The property also includes a full basement, providing ample storage or potential for expansion. At the rear, there are existing storage warehouse structures which a purchaser may choose to retain or demolish to create additional parking. The property is zoned CB, offering flexibility for future development or renovations. This presents a unique chance to capitalize on the revitalization of downtown Smithtown, with the potential to increase value through renovations and strategic improvements. The asking price is $799,000. This property is situated in Suffolk County, NY, zip code 11787. The property's latitude and longitude coordinates are 40.8549209, -73.1984068 respectively.

Location Insight

City

Smithtown

County

Suffolk

State

New York

Latitude

40.8549

Longitude

-73.1984

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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