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2009 Old Country Road, Riverhead, NY 11901

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For Sale

$3,500,000

4.15 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 4.2 acres
    Lot size

Explore this Property

ATTENTION - 4.15 acres situated directly in between Tanger Outlet I and Tanger Outlet II, Riverhead. 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
MLS# 890299

Courtesy Of East End Commercial Real Estate

(516) 810-0900

Property Features

  • Architecture Style
    Other
  • Lot Size
    4.15 Acres

Map and Directions

Directions to 2009 Old Country Road, Riverhead, NY 11901

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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