Opportunity knocks in the heart of Riverhead along the scenic Peconic River. This approximately 2,892 sq. ft. structure, formerly operated as a fish market, presents a chance for investors, builders, or entrepreneurs to reimagine a unique waterfront property with significant upside potential.
Positioned with Suffolk County Parkland on both sides, the setting offers a blend of privacy, natural surroundings, and visibility within a growing and revitalizing downtown corridor. The existing structure is in abandoned condition and requires substantial renovation or redevelopment, making it ideal for those seeking their next project.
Whether you envision a boutique commercial space, a mixed-use concept, or creative adaptive reuse (subject to approvals), the location and footprint provide a compelling foundation for bringing your vision to life.
Further details to be provided upon owner’s successful closing with Suffolk County. Buyer to perform due diligence and verify all information, zoning, and permitted uses.
849-853 W Main Street, Riverhead, NY, 11901
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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