This updated and renovated retail opportunity positioned on a prominent signalizedcorner at Grand Avenue and Atlantic Avenue offers a 5000 vehicle per day trafficcount. The building offers a streamlined footprint ideal for an investor seeking a lowmaintenance asset with strong visibility and accessibility. The property offers theability to acquire a recognized retail model with corner exposure and flexiblepotential for a variety of retail uses. Its efficient size supports manageable operatingcosts while providing an attractive presence at a highly visible corner with AM trafficpatterns and evening hours provide added opportunity to an owner/operator.Currently with tobacco and beer sales permitted. Investment Cap Rate 7%
| MLS # | 1059566 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 28 |
| Listing Provided By | Douglas Elliman Comm of LI LLC | Ben Indiviglia Jr |
| SQ Feet | 432 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Frame |
|---|
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 840 |
| Tax Annual Amount | 8692 |
| Tax Lot | 227 |
| State | NY |
|---|---|
| County | Nassau County |
| City | Baldwin |
| Zip Code | 11510 |
| Listing VS Median (in 11510) | |
Price: $899,000 low | high Med: $739,000 sqft: 432 low | high Med: 2,083 $ / sqft: $2,081 low | high Med: $370 On site: 28 low | high Med: 638.5 | |
| State | NY |
|---|---|
| County | Nassau County |
| City | Baldwin |
| Zip Code | 11510 |
| Listing VS Median (in 11510) | |
Price: $899,000 low | high Med: $739,000 sqft: 432 low | high Med: 2,083 $ / sqft: $2,081 low | high Med: $370 On site: 28 low | high Med: 638.5 | |