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.
Hempstead, NY 11510
Listing
| Web ID: | 5789578 |
|---|---|
| Website: | https://www.nestseekers.com/5789578 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Lot Size: | 0.2 Acres |
Financials
Price:$899,000
Annual Taxes:$8,692
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
Contact
Listing Courtesy of Douglas Elliman Comm of LI LLC