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1612 Main Road, Jamesport, NY, 11901 | $1,199,000
Welcome to a unique mixed-use opportunity set on approximately one acre in the highly desirable North Fork of Long Island, known for its scenic beauty, strong tourism, and vibrant culinary scene. This versatile property offers excellent income potential and is well suited for a variety of uses including a restaurant, boutique retail, or professional space, with flexibility for both immediate operation and future expansion. Existing permits and approved plans for the upper level provide a valuable opportunity to complete additional space for commercial or potential residential use, subject to local zoning. The property features a fully functioning pastry and commercial kitchen equipped with grease traps, a three-tank cesspool system, and ANSEL capability, along with stainless-steel prep tables, storage racks, freezers, commercial mixers, and an electric rack oven. The retail area is designed for customer flow and display, offering wood shelving for breads and pastries, refrigerated cases, and dry display units. The building is serviced by gas, upgraded electrical, and central air conditioning on the lower level, while the upper level is currently utilized for storage with future development potential. Ideally positioned to capture consistent foot traffic and growth in the North Fork, the property offers ample space for parking, outdoor seating, or further expansion, making it a compelling opportunity for investors and business owners alike.
Features
- Property Type: Mixed Use
- Construction: Shingle Siding
- Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
- Parking: 5-car, Assigned, Common, On Street, Parking Lot
- Levels: 3
- Heating: Natural Gas
- Cooling: Central Air
- Year Built: 1910
- Acreage: 0.4
- Est. Taxes: $9,356
- Lot Desc: Cleared, Front Yard, Hilly, Historic District, Landscaped, Upland
- School District: Riverhead
- Appliances: Convection Oven, Electric Oven, Electric Water Heater, Freezer, Refrigerator, Stainless Steel Appliance(s)
- MLS#: 993252
- Days on Market: 23 days
- Website: https://www.raveis.com
/prop/993252/1612mainroad_jamesport_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
1612 Main Road, Jamesport, NY, 11901
$1,199,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $959,200 | $959,200 | $959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $780 | $780 | $780 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,371 | $5,828 | $8,030 |
| Total Monthly Payment | $6,276 | $6,733 | $8,935 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535