Prime 2 Stores Corner Commercial Building At Busiest Location
The building is situated on the corner lot with 54’ of frontage on Main St, great location with easy access on Montauk Highway, easy egress, heavily traveled access road. The subject property is fully occupied by a YELP highly rated restaurant. 4,500 SF restaurant on main floor and 4,500 SF office on the second floor. 12 surface parking spaces at the rare. The restaurant is currently NNN lease for 162,000 per year, 3% increase yearly, 12 years lease left, owner only pays $42,000 property tax per year. The CAP asking is 6.67%.