Nest Seekers

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
  • 2 Drive In Lanes
  • Busy 4 Lane Roadway
  • Corner Intersection
  • Westbound AM Traffic
  • 2 Lane Drive Thru
  • Outdoor Visible Menu

Contact

Long Island
6243 Northern Blvd
Phone:
adrianl@nestseekers.com
Listing Courtesy of Douglas Elliman Comm of LI LLC
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