UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 890299
Rental Info No
Annual Tax Amount $5,262
Lot Size 4.150 Acres
Acres 4.15
Source onekey2
Property Description
OPPORTUNTY ZONE - property is located within a Qualified Opportunity Zone - Excellent IRS tax incentives offered - No Captial Gains possible on future sale of property.
New Zoning permits full-service restaurants, general retail, recreational, and other uses. Ideal for a minigolf and other recreational uses smack in the middle of the Tanger Outlets. Other ideas - family friendly themed restaurant entertainment center. Sports Bar. Retail - Clearance Center, Off Price, Discount, Outlets.
City Water & Sewer.
One-Of-A-Kind commercial property, nothing else like it on all of Long Island. The Tanger Outlet Mall in Riverhead gets millions and millions of shoppers annually, and these shoppers need to cross directly in front of your development.
The Riverhead Tanger Outlet are located literally at the end of the Long Island Expressway (I-495). One of the entrances to the Tanger Outlets is on the exit ramp at the end of the Expressway. "How do you get to the Riverhead Tanger Outlets?" Fool proof directions, "Just drive east on the Long Island Expressway to the very very end! "
Located between Tanger I and Tanger II, the roadway connecting the 2 sides of the Tanger Outlets is an easement across this property. All vehicular and pedestrian traffic traveling from one side of the Tanger Outlets to the other side of the Tanger Outlets must cross over this 4.15 acre property - directly in front of your restaurant, shops, minigolf course, or other type of development.
Site Plan Approval for 31,000 sf building.
This property offers a tremendous presence in the middle of the Tanger Outlets. There are over 60 stores in Tanger I and over 70 stores in Tanger II. Shoppers going from Tanger I & II must cross over this property - directly in front of your new building.
Undoubtably one of the best locations on Long Island with outstanding visibility.
Visit www.4acresbyTanger.com
Location
State NY
County Suffolk County
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
Building
Lot Description Cleared, Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Riley Avenue School
Middle Schools Riverhead Middle School
High Schools Riverhead
School District Riverhead
Others
Senior Community No
Special Listing Condition None
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.