• Asking Price $2,650,000

  • 1 S MIDWAY RD SHELTER ISLAND, NY 11964

  • 6,500 SqFt
  • Commercial / Resale (MLS)
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Property Details for 1 S MIDWAY RD, SHELTER ISLAND, NY 11964

Features

  • Price/sqft: $407
  • Lot Size: 159430
  • Stories: 100

Facts

  • Year Built: 01/01/1980
  • Property ID: 877005044
  • MLS Number: 11270517
  • Parcel Number: 0700-019.00-01.00-044.000
  • Property Type: Commercial
  • County: SUFFOLK
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Rare Opportunity To Continue Commercial Use or Residential Conversion Since 1946, 1 S Midway Road has been home to an automotive repair / engine repair / boat repair / barge repair / welding / car storage / boat storage business with a co-tenant art gallery & studio. This is a non-conforming business property that cannot be replicated! Commercial property on Shelter Island is rare, so there is great value in maintaining the current use or pursuing a residential redevelopment. 6,500sf Building 3.66 Acres The footprint of the building cannot be increased but a second story can be added with a special permit. There is also potential for a rewarding residential conversion as an adjacent property on a lot size under 1 acre with a 5000sf home and pool just listed for $3.2 million.

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Property Brokerage: Compass 63 Main Street East Hampton NY 11937
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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