359 Lake AvenueSaint James, NY 11780

Description

Excellent opportunity to own TWO distinct properties offering flexibility, functionality, and income-producing potential! This historic building in the heart of Saint James, in prime highly desirable location, these two separate properties offer outstanding visibility, convenience, and excellent investment potential. The main building features a versatile layout with multiple private rooms, spacious office areas, a reception area, kitchenette, bathrooms, and additional storage space. The property offers an excellent opportunity for an owner-user or investor, with a variety of potential uses subject to applicable zoning and approvals. The second property, featuring the blue and gray building, is zoned for warehouse/storage use only. This separate building provides valuable storage space and offers potential rental income through leasing to a tenant for permitted warehouse or storage purposes, subject to obtaining all necessary permits and approvals. Additional highlights include ample paved parking, convenient access, and the unique advantage of two separate properties offering multiple possibilities for ownership and investment. All uses, rental arrangements, and occupancy are subject to municipal zoning regulations and required permits and approvals.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1959

Building area

10,890 Sq Ft

Lot size

0.25 acres

Parking spaces

6

Days on market

8

MLS^® Listing#

1068220

Property Features

Cooling

None

Heating

Natural Gas

Flooring

Hardwood

Basement

Full · Unfinished

Construction

Frame

Utilities

Electricity Available · Electricity Connected

Sewer

Cesspool

Water source

Public

Schools

Elementary

St James Elementary School

Middle

Nesaquake Middle School

High

Smithtown High School-East

Financial Details

Annual taxes

$15,412

Assessed value

$5,000

Parcel number

0800-056-00-05-00-012-000