145 Main ST Active

Port Washington,NY 11050

$ 3600000

- Bed

- Bath

- SqFt


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

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