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$ 899,000
Est. payment | /mo
6,346 Sqft Lot
$ 899,000
Est. payment | /mo
6,346 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1059566
Rental Info No
Year Built 1964
Annual Tax Amount $8,692
Lot Size 6,346 Sqft
Acres 0.1457
Property Sub-Type Retail
Source onekey2
Property Description
This updated and renovated retail opportunity positioned on a prominent signalized
corner at Grand Avenue and Atlantic Avenue offers a 5000 vehicle per day traffic
count. The building offers a streamlined footprint ideal for an investor seeking a lowmaintenance asset with strong visibility and accessibility. The property offers the
ability to acquire a recognized retail model with corner exposure and flexible
potential for a variety of retail uses. Its efficient size supports manageable operating
costs while providing an attractive presence at a highly visible corner with AM traffic
patterns and evening hours provide added opportunity to an owner/operator.
Currently with tobacco and beer sales permitted. Investment Cap Rate 7%
corner at Grand Avenue and Atlantic Avenue offers a 5000 vehicle per day traffic
count. The building offers a streamlined footprint ideal for an investor seeking a lowmaintenance asset with strong visibility and accessibility. The property offers the
ability to acquire a recognized retail model with corner exposure and flexible
potential for a variety of retail uses. Its efficient size supports manageable operating
costs while providing an attractive presence at a highly visible corner with AM traffic
patterns and evening hours provide added opportunity to an owner/operator.
Currently with tobacco and beer sales permitted. Investment Cap Rate 7%
Location
State NY
County Nassau County
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Baldwin
School District Baldwin
Others
Special Listing Condition None
Listed by Douglas Elliman Comm of LI LLC • Ben Indiviglia Jr
NEARBY SCHOOL & BUSINESS
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