Price Reduced 20.80%

$1,188,000

Est. Mortgage $5,929/mo *

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Price History

$1,500,000
4/19/2024

$1,250,000
6/10/2024

$1,188,000
9/4/2024

386 Lake Avenue, Smithtown, (Saint James), NY, 11780

386 Lake Avenue, Smithtown, (Saint James), NY, 11780
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Calling All Investors, Developers, End-Users & Entrepreneurs!!! Successful Corner Gas Station + Repair Shop For Sale!!! The Property Features Great Exposure, Excellent Signage, New Pumps, New Double Walled Fiberglass Tanks, Strong Central Business Zoning, 3 Strategically Placed Curb Cuts, 8k Gallon Regular Tanks, 8k Gallon Premium Tank, 8k Gallon Mid-Grade Blend Tank, 38 Parking Spaces, High 14' Ceilings, 3 Phase Power, Security System, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Saint James On Lake Avenue Less Than 3 Blocks From The Saint James LIRR Station!!! The Property Has 115+ Feet Of Frontage On Busy Lake Avenue!!! Neighbors Include Starbucks, USPS, Mercedes, Lexus, Acura, Kia, Toyota, Jeep-Dodge-Ram, Chevrolet, Mazda, TD Bank, King Kullen, 7-Eleven, Dunkin', Whole Foods, Costco, BP Gas, Lowe's, Trader Joe's, Macy's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site, Investment Property Or Home For Your Business!!! This Property Can Be Purchased With 255 Lake Avenue For Only $2.25m!!! Income: 2 Bay Auto Repair: $48,000 Ann. Lease Exp.: 2025 Expenses: Taxes: $17,421 Ann.

Status:

Active

Town:

Smithtown

Type:

Commercial

Units:

1

Zoning:

Cent Bus

Acreage:

0.25

Est. Taxes:

$17,421

MLS #:

3545998

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of All Island Estates Realty Corp 516-783-5600