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$4,000,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1041785
Rental Info No
Annual Tax Amount $20,937
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Mixed Use
Source onekey2
Property 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.
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.
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available None
Building
Sewer Shared
Water Public
Structure Type Frame
Schools
High Schools Patchogue-Medford
School District Patchogue-Medford
Others
Special Listing Condition None
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Listed by Vantage Realty Partners • Jaavel McCrae
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