$1,200,000

Mixed-use commercial property prominently positioned along Boston Post Road /Route 1 commercial corridor, directly across from Mamaroneck Harbor and backing to the Mamaroneck River, creating an unusual waterfront-oriented setting for a Route 1 commercial asset. The street-level retail space consists of approximately 1,000 SF, plus a full walk-out basement (880 SF) with excellent Route 1 visibility. The abundant street parking offers a notable advantage compared with the more congested Mamaroneck Avenue retail corridor. The Second Floor is currently occupied by a long-term tenant providing hair and cosmetic services to clients. The space consists of approximately 1,000 SF and features a flexible six-room layout with a full bath/shower. The 2nd floor space benefits from a unique dual-water orientation, overlooking the Long Island Sound from the front and Mamaroneck River from the rear – comparable to those enjoyed by residences at The Regatta Condominiums just a few doors away, where units with similar harbor views have commanded rents exceeding $4,000 per month. This exceptional setting enhances the potential for future residential conversion and rental income, subject to all applicable municipal approvals. The 880 SF bonus space in the basement offers good ceiling height, rear access, and large windows overlooking the Mamaroneck River, provides an unusually bright and appealing lower-level area, together with valuable storage and support space.