Absolute NNN STNL free standing retail building for sale. NOI of $51,912 with tenant responsible for all expenses. Longstanding tenant in place just renewed through 5/31/28. Highly coveted onsite parking lot offers 5 dedicated parking spaces. New roof in 2022. Parking lot repaved July 2023. The property is connected to municipal sewers and has oil heat, (gas in the street makes conversion possible). The property has 57 feet of frontage on busy Main Street. Revitalization in full swing with new housing construction completed and more underway. DO NOT DISTURB TENANT.
Located on Main Street in Port Jefferson Village. Steps from the Long Island Railroad. One train stop from the campus of SUNY Stony Brook. Less than 1/2 mile from Northwell Mather Hospital and St. Charles Hospital. One mile from the Port Jefferson / Bridgeport Ferry to Connecticut.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
