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$ 3,600,000
Est. payment /mo
Active
145 Main ST Port Washington, NY 11050
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY836313
Originating Board onekey2
Rental Info No
Year Built 1923
Annual Tax Amount $100,189
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Office
Property Description
We are happy to facilitate the sale of this iconic bank building situated at a prime location on the corner of Main Street and Central Drive in busy downtown Port Washington. This majestic and well-known property is within walking distance of the Long Island Railroad, with a quick 45 minute train ride to Penn Station NYC, and is close to restaurants, shops, and entertainment venues. Perfect for investors seeking to grow their portfolio, the approximately 10,000 SF of office space is offered subject to a NNN lease which runs through June, 2031, and currently generates a 7% CAP rate. The tenant, MID-SHIP Group, is a global leader in dry bulk cargo shipping, serving over 1,400 ports worldwide and offering comprehensive services including ocean freight, inland logistics and technology solutions. The 2-story building has a full basement with a gym and loads of storage space, and there is a 21-car parking lot in the rear. This unique building has a classic interior with vaulted ceilings and massive windows that allow for an abundance of natural lighting. There is a new roof on the building, a new gas boiler, and a backup generator. This is a one-of-a-kind investment opportunity.
Location
State NY
County Nassau County
Rooms
Basement Full, Partially Finished, Storage Space
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Virtual Tour https://tours.kjwphotography.com/public/vtour/display/2312152#!/
Listed by Daniel Gale Sothebys Intl Rlty
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