Improved Commercial Land for Sale in Shelter Island, New York

1 S Midway Rd Shelter Island, NY 11964

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$2,650,000
3.66 acres
Active sale agoEst $17,045/mo

Rare Opportunity To Continue Commercial Use or Residential Conversion Since 1946, 1 S Midway Road has been home to an automotive repair / engine repair / boat repair / barge repair / welding / car storage / boat storage business with a co-tenant art gallery & studio. This is a non-conforming business property that cannot be replicated! Commercial property on Shelter Island is rare, so there is great value in maintaining the current use or pursuing a residential redevelopment. 6,500sf Building 3.66 Acres The footprint of the building cannot be increased but a second story can be added with a special permit. There is also potential for a rewarding residential conversion as an adjacent property on a lot size under 1 acre with a 5000sf home and pool just listed for $3.2 million.

6,500
Sq feet

Location

Street Address
1 S Midway Rd
Elevation
20 feet
Coordinates
41.0638, -72.3414

Property details

MLS Number
MyStateMLS 11270517
Date Posted

Parcels

  • 0700-019.000-0001-000.044

This 3.66-acre property is located at 1 S Midway Rd in Shelter Island, NY 11964 with latitude 41.0638 and longitude -72.3414. The property is currently available for sale for $2,650,000. It has a 6,500 sq ft structure. Listing data is sourced from My State MLS # 11270517.

Verify sale details at the property source or contact Compass at (212) 913-9058.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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