Shelter Island NY Real Estate & Commercial for Sale

1 Properties Found

The median home value in Shelter Island, NY is $1,266,250. This is higher than the county median home value of $490,000. The national median home value is $308,980. The average price of homes sold in Shelter Island, NY is $1,266,250. Approximately 28.5% of Shelter Island homes are owned, compared to 7% rented, while 64% are vacant. Shelter Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Shelter Island real estate agent to arrange a tour today!
Learn more about Shelter Island.


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Beds:
n/a
Baths:
Sq.Ft.:
6,500
Status:
Active
MLS#:
11270517
Type:
Business Opportunities
Lot size:
3.66 Acres
Courtesy: Compass
View additional info

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.

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