Exceptional three property commercial investment opportunity in a highly visible Medford location.


Property

Website:https://www.nestseekers.com/5706875
Address:
Brookhaven, NY 11763
Ownership: For Sale
Type: mixed-use
Lot Size: 0.5 Acres

Financials

Price:$4,000,000
Annual Taxes:$20,937.44

Description

Exceptional three-property commercial investment opportunity in a highly visible Medford location. 2318, 2320 & 2322 Medford Avenue are offered together, providing the opportunity to acquire multiple properties along the established Route 112 commercial corridor. Could sell just the restaurant property for 3 Million. Restaurant is available for lease with option to buy. Add the corner lot for additional $500k OR ALL 3 lots for $4 Million. So there is your options. The centerpiece, 2320 Medford Avenue, is an approximately 8,250 SF, three-story commercial building situated on approximately 0.90 acre with substantial on-site parking. The property features existing restaurant infrastructure, including commercial kitchen, hood/ventilation system, bar and approximately 180-seat configuration. Located at a signalized intersection with excellent Route 112 exposure and convenient proximity to the Medford LIRR station and Long Island Expressway. The additional parcels enhance the overall investment and provide potential for owner-user, income-producing, repositioning or future development strategies, subject to zoning and municipal approvals. Offered as a combined three-property acquisition.

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Vantage Realty Partners