Prime investment opportunity featuring a well maintained strip mall with 7 retail units and ample parking for approximately 30 vehicles.


Property

Website: https://www.nestseekers.com/5392843
Address:
West Babylon, NY 11704
Ownership: For Sale
Type: Retail

Financials

Price:$4,500,000
Annual Taxes:$68,758

Description

Prime investment opportunity featuring a well-maintained strip mall with 7 retail units and ample parking for approximately 30 vehicles. This income-producing property is fully occupied by a diverse tenant mix, including a church, Pizza King, barber shop, laundromat, Chinese restaurant, bagel shop, and Fuego Bar & Restaurant. The property generates a strong annual gross income of $315,907, with total expenses of $82,578, resulting in an impressive net income of $233,329. High visibility and convenient access make it an attractive location for tenants and customers alike. A solid addition to any investment portfolio with consistent cash flow and long-term potential.

Contact

6243 Northern Blvd
Phone:
Listing Courtesy of AllKey Realty Coporation