Hempstead, NY 11510

Property

Ownership: For Sale
Type: Retail
Lot Size: 0.2 Acres

Financials

Price:$899,000
Annual Taxes:$8,692
6243 Northern Blvd
Phone:
Listing Courtesy of Douglas Elliman Comm of LI LLC

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.

2 Drive In Lanes

2 Drive In Lanes

2 Drive In Lanes
Busy 4 Lane Roadway
Corner Intersection
Westbound AM Traffic
2 Lane Drive Thru
Outdoor Visible Menu
2 Drive In LanesBusy 4 Lane RoadwayCorner IntersectionWestbound AM Traffic2 Lane Drive ThruOutdoor Visible Menu

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%

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

Long Island MLS

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.