Price Reduced 20.80%

$1,188,000

Est. Mortgage $6,086/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

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

255 Lake Avenue, Smithtown, (Saint James), NY, 11780
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Calling All Investors, Developers, End-Users & Entrepreneurs!!! Successful Corner Gas Station / Repair Shop + Convenience Store For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong Zoning, Brand New Pumps, Brand New Double Walled Fiberglass Tanks, 2 Bay Repair Shop, 3 Strategically Placed Curb Cuts, (2) 9k Gallon Regular Tanks, 6k Gallon Premium Tank, 28 Parking Spaces, High 14' Ceilings, Security System, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Saint James On Lake Avenue 6 Blocks From The Saint James LIRR Station!!! The Property Has 106+ 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 Or The Next Home For Your Business!!! This Property Can Be Purchased With 386 Lake Avenue For Only $2.25m!!! Income: 2 Bay Auto Repair: $48,000 Ann. Lease Exp.: 2026. Expenses: Taxes: $12,572 Ann.

Status:

Active

Town:

Smithtown

Type:

Commercial

Units:

1

Est. Taxes:

$12,572

Days on Market:

229

MLS #:

3546001

Community Info

School Info

Walk Score

Mass Transit

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