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Suffolk County Industrial Sells with Different Use Opportunities
ERG Commercial Real Estate closed the sale of a Bohemia, NY industrial flex building for the asking price of $1.5 million.
The 5,688-square-foot building at 1589 Lakeland Ave. in this Suffolk County community sold for $263 per square foot. The site sits on a 1.1-acre lot with an outside parking lot with 30 spaces. It is zoned for office or industrial business use.
Ryan Lewis of ERG represented both the seller, Parco Gas, one of Suffolk County’s largest natural gas distributors and the buyer, All County Block, a local investor and business in the area.
The building was delivered vacant. “Given its prime retail office location with its industrial building setup, large storage lot and ingress/egress on two streets, the property offers many different use opportunities that is rare to see in one location,” said Lewis.
- ◦Sale/Acquisition