Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | Pets No |
| Lot Size: | 0.14 Acres |
Financials
Listing Courtesy of All Island Estates Realty Corp
DescriptionCalling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option.
Gross Income: $72,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $2,300 Ann.
Maintenance & Repairs: $250 Ann.
Water: $0 Ann.
Taxes: $13,354.87 Ann.
Total Expenses: $15,904.87 Ann.
Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)Amenities- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option.
Gross Income: $72,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $2,300 Ann.
Maintenance & Repairs: $250 Ann.
Water: $0 Ann.
Taxes: $13,354.87 Ann.
Total Expenses: $15,904.87 Ann.
Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
Calling All Investors, Developers amp ; End Users !
- View of asphalt street with street lights and curbs
- Aerial view of property and surrounding area with property boundaries highlighted
- Aerial map of property and surrounding area
- View of uncovered parking lot
- Aerial view of residential area featuring property parcel outlined
- View of asphalt street with curbs and sidewalks
- Aerial overview of property's location
- View of asphalt street featuring sidewalks and street lighting
- Aerial view of property's location featuring property boundaries highlighted
- Aerial view of property's location
- View of asphalt street featuring sidewalks and street lighting
- Aerial overview of property's location
- Aerial view of property and surrounding area featuring property boundaries highlighted
- View of asphalt street with street lights and curbs
DescriptionCalling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option.
Gross Income: $72,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $2,300 Ann.
Maintenance & Repairs: $250 Ann.
Water: $0 Ann.
Taxes: $13,354.87 Ann.
Total Expenses: $15,904.87 Ann.
Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)Amenities- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option.
Gross Income: $72,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $2,300 Ann.
Maintenance & Repairs: $250 Ann.
Water: $0 Ann.
Taxes: $13,354.87 Ann.
Total Expenses: $15,904.87 Ann.
Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
