Investment Overview
Situated at the signalized corner of Middle Country Road and Lake Avenue in the heart of the Town of Smithtown, this rare 0.87-acre development and redevelopment opportunity offers exceptional visibility, accessibility, and long-term value. With traffic counts exceeding 16,000 vehicles per day and prominent frontage along one of Long Island's most heavily traveled commercial corridors, the property provides outstanding exposure for a wide variety of commercial users, investors, developers, and automotive operators.
The offering consists of three contiguous parcels located at 683, 697-699, and 703 Middle Country Road. The site is improved with approximately 4,000 square feet of retail/warehouse space at 683 Middle Country Road and an additional 2,465-square-foot retail storefront building at 697-699 Middle Country Road. The building at 683 Middle Country Road features three drive-in bays and 400-amp electrical service, making it ideally suited for automotive, contractor, warehouse, and service-related operations. The building at 697-699 Middle Country Road includes three additional drive-in bays and is currently occupied by a beauty salon on a month-to-month tenancy, providing immediate income while preserving flexibility for future redevelopment, owner-user occupancy, or repositioning. The third parcel, 703 Middle Country Road, consists of vacant land currently utilized for outdoor storage, creating additional opportunities for expansion, new construction, or site reconfiguration.
The property is primarily zoned WSI (Wholesale Service Industry), a highly desirable zoning designation that permits a broad range of commercial and industrial uses. In addition, 703 Middle Country Road includes both WSI and R-21 Residential zoning, offering further flexibility for future planning and development scenarios. The combination of existing improvements, drive-in bay infrastructure, vacant land, and favorable zoning makes this assemblage particularly attractive for automotive sales and leasing operations, automotive repair facilities, fleet and service businesses, retail redevelopment, office buildings, medical office uses, contractor facilities, warehouses with showroom components, and a variety of other commercial applications.
Surrounded by national automobile dealerships, established retailers, major restaurants, and a diverse mix of commercial businesses, the site benefits from a strong and mature trade area. Its strategic location places it just minutes from Route 347, Smith Haven Mall, the Village of the Branch, Downtown Smithtown, and the Long Island Rail Road stations in both St. James and Smithtown, providing convenient access for customers, employees, and commuters alike.
Adding to the property's appeal are the outstanding demographics of the surrounding Smithtown market, which is recognized for its affluent residential neighborhoods, strong household incomes, and stable business environment. The property's central location within one of Suffolk County's most desirable commercial corridors positions it to benefit from both local consumer traffic and regional accessibility.
With remarkably low combined annual real estate taxes of just $23,781 for all three parcels, existing improvements that can generate income or support immediate occupancy, and significant redevelopment potential, this offering presents an exceptional opportunity to acquire a highly visible corner assemblage in one of Long Island's most sought-after commercial markets. Whether for investment, owner-user occupancy, automotive use, retail repositioning, or long-term redevelopment, this property offers the flexibility, exposure, infrastructure, and location necessary to support a wide range of successful commercial ventures.
Investment Highlights
- Prime 0.87-acre corner assemblage located at the signalized intersection of Middle Country Road and Lake Avenue with traffic counts exceeding 16,000 vehicles per day, providing exceptional visibility and exposure along one of Smithtown's busiest commercial corridors.
- Three contiguous parcels totaling 0.87 acres featuring approximately 6,465 SF of existing improvements, including a 4,000 SF retail/warehouse building at 683 Middle Country Road, a 2,465 SF retail storefront building at 697-699 Middle Country Road, and additional vacant land at 703 Middle Country Road.
- Automotive-ready improvements include three drive-in bays and 400-amp electrical service at 683 Middle Country Road, along with three additional drive-in bays at 697-699 Middle Country Road, making the property highly suitable for automotive sales, service, repair, fleet, or contractor-related uses.
- Flexible WSI (Wholesale Service Industry) zoning allows for a multitude of commercial and industrial uses, while 703 Middle Country Road includes both WSI and R-21 zoning, providing additional redevelopment flexibility.
- Strategic Smithtown location surrounded by national auto dealerships, major retailers, restaurants, and service businesses, with immediate access to Route 347, close proximity to Smith Haven Mall, the Village of the Branch, and both the Smithtown and St. James LIRR stations.
- Outstanding investment and redevelopment opportunity featuring strong demographics, a month-to-month tenant allowing future flexibility, low combined annual real estate taxes of only $23,781, and significant upside for owner-users, investors, and developers.