Delisle and McMahon of Island Associates close $925,000 sale; Oxman of East End Commercial RE is buyers broker

Riverhead, NY Roger Delisle and Terence McMahon of Island Associates (IA), seller’s broker, with Laurence Oxman of East End Commercial RE, purchaser’s broker, negotiated and closed the purchase and sale of the property located at 103 E Main St. for $925,000.

The site was a former West Marine store and prior to that a former supermarket.  The existing 14,600 square foot building with 60 feet of frontage on Main Street will be redeveloped as part of the downtown revitalization of Riverhead.  The closing occurred in March. Redevelopment of the property will begin this summer.