MLS#951218
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Calling All Investors, Developers & End-Users!!! MINT 10,000+ Sqft. Retail Building With NNN National Tenant On Montauk Hwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, Long Term Lease, J2 Zoning, 58 Parking Spaces, High 20' Ceilings, Sprinklers, Drive-Thru, 3 Phase Power, 2 Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy Montauk Hwy. Road Just 1 Block From William Floyd Pkwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl's, Marshalls, Dunkin', Kay Jewelers, CVS, Applebee's Bar & Grill, King Kullen, McDonald's, Taco Bell, Wendy's, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike's Subs, Carvel, KFC, +++!!! The Property Has 287' Of Frontage On Montauk Hwy. + 177' Of Frontage On Grand Ave.!!! The Property Has A Daily Traffic Count Of 42,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Walgreens: $505,000 NNN Ann.; Flat Rent; Lease Exp.: 2036.Gross Income: $505,000 Ann. Expenses:Oil: $0 (NNN Lease)Electric: $0 (NNN Lease)Water: $0 (NNN Lease)Maintenance & Repairs: $0 (NNN Lease)Insurance: $0 (NNN Lease)Taxes: $0 (NNN Lease)Total Expenses: $0 (NNN Lease)Net Operating Income (NOI): $505,000 Ann. (6.87% Cap!!!)
Property Features
Property Type: Commercial - Retail
Basement: None
Cooling: Central Air
Heating: See Remarks
Lot Size: 0.71 Acres
Taxes: $40,307
Feature Descriptions
Building Area Total: 10191
Business Type: Retail
Days on Site: 141
Exterior: Other
On Market Date: 2026-01-14
Parcel Number: 0200-851-00-02-00-026-000 Parcel ID:02008510002000
Rental Term: Monthly
Sewer: Other
Utilities: See Remarks
Water: Public
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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863 Montauk Highway | MLS# 951218
This commercial property located at 863 Montauk Highway, Shirley, NY 11967 is currently listed for sale with an asking price of $7,100,000. Search Shirley real estate on www.coldwellbankerchoice.com today.