Rare Unique Opportunity to acquire a free standing office building with warehouse with ample parking and fenced in yard.
Invest on Main Street! Right in the heart of Center Moriches is 377 Main Street. A Free-Standing Building with a Music School occupying the first floor and Basement levels and they plan to stay they have a lease in place. Second floor features Six Offices along with a shared Reception area, conference area, and Bath. The Music School pays their own Utilities. Tenants Rent on the second floor includes the utilities. First floor has Central Air. 200 amp electric service. The property offers ample parking in the rear of building as well as street parking. Call for further details.
Calling All Investors, Developers & End-Users!!! 9.8 Cap, 5 Unit Investment Property With Solid Tenants On A HUGE 2+ Acre Lot For Sale!!! All Tenants Pay Their Own Utilities & Have Long Leases In Place!!! The Property Features Great Exposure, Excellent Signage, 10,415 Sqft. Building With 400 Amp 3 Phase Power, 16' Ceilings, 126 Parking Spaces, Strong J-2 Zoning, Fenced Lot, Public Garage Permit, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Center Moriches Just Minutes From Sunrise Highway & William Floyd Parkway!!! Neighbors Include Starbucks, Capital One Bank, The Home Depot, Stop & Shop, Dunkin', 7-Eleven, CVS, McDonald's, Kohl's, Mobil, Baskin Robins, Family Dollar, Wendy's, Lidl, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Dance Elektra (4,712 Sqft.): $62,352 Ann.; 2% Ann. Inc.; Lease Exp.: 5/31/27. C & J Truck Repair (1,700 Sqft.): $52,450.92 Ann.; 3% Ann. Inc.; Lease Exp.: 2/28/30. C & J (Yard Space): $12,000 Ann. Office (500 Sqft.): $21,600 Ann. 2 Br. Apt. + Contractor Office & Yard Space : $48,000 Ann. Lease Exp.: 1/2029. Gross Income: $196,402.92 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,856 Ann. Taxes: $26,191.54 Water: $0 Ann. Snow & Landscape: $850 Ann. Total Expenses: $30,147.54 Ann. Net Operating Income (NOI): $166,255.38 Ann. (7.92 Cap!!!)
Center Moriches is located in New York. Center Moriches, New York has a population of 8,743. Center Moriches is more family-centric than the surrounding county with 41.32% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Center Moriches, New York is $98,931. The median household income for the surrounding county is $92,838 compared to the national median of $57,652. The median age of people living in Center Moriches is 39.1 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 46.8 inches per year, with 26.9 inches of snow per year.