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5087 Sound Ave

2,300 SF Retail Building Riverhead, NY 11901 £1,173,675 (£510/SF)

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Investment Highlights

Liquor store completely renovated
Excellent central, high traffic location

Deli has new lighting, hot food bar and fridge.
3 bedroom apartment with excellent rental history

Executive Summary

Prime investment opportunity. Well established liquor store and deli in high traffic area of the North Fork. Also included is a 3 bedroom updated apartment.

Features & Amenities

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

2,300 SF

Building Class

Year Built

1942

Price

£1,173,675

Price Per SF

£510

Tenancy

Single

Number of Floors

Building FAR

0.12

Land Acres

0.45 AC

Zoning

Parking

11 Spaces (4.78 Spaces per 1,000 SF Leased)

Frontage

150 ft on Sound Ave

Amenities

Signage

About 5087 Sound Ave , Riverhead, NY 11901

This exceptional property features two newly renovated buildings on a high-traffic road, making it an ideal investment. The first building is a 600 sq ft liquor store with a fully updated interior, new counters, and a full basement. The second building is a 1,700 sq ft deli, equipped with a full kitchen, new lighting, a hot food bar, and a new fridge, alongside the existing walk-in fridge. The business, including both the liquor store and deli, is included in the sale, with inventory negotiable separately. Above the deli is a spacious 3-bedroom, 1-bath apartment, recently refreshed with updated floors and paint, and featuring a rebuilt boiler and appliances less than two years old. Both buildings are equipped with central air conditioning and new above-ground oil tanks, with a total of 11 parking spots available, making this a prime turnkey property with strong income potential.