273 Willis Ave - Storefront Retail/Residential FOR SALE


Mineola, NY 11501
$3,575,000 USD
516-732-7079
273 Willis Ave, Mineola, NY for Sale
$3,575,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 6.5% Cap Rate

273 Willis Ave
Mineola, NY 11501


HIGHLIGHTS

  • Mixed use property located at the SW corner of Jericho Turnpike (32,919 VPD) and Willis Ave (11,028 VPD)
  • The majority of the residential tenants are long term tenants
  • Strong demographics with a population of over 172,780 people within a 3 mile radius

OVERVIEW

Silber Investment Properties is pleased to exclusively offer 143 Jericho Turnpike, Mineola, New York. This fully leased mixed-use investment property is strategically located at one of Long Island's busiest and most heavily trafficked intersections, providing exceptional visibility and long-term stability. The property consists of two ground-floor retail units and six spacious two-bedroom apartments, all currently occupied. The asset offers investors a rare opportunity to acquire a stabilized income-producing property in the heart of Mineola, a thriving Nassau County market with strong demographics, convenient transportation access, and continued demand for both residential and retail space. With its prime location, diverse income stream, and 100% occupancy, 143 Jericho Turnpike represents an attractive investment opportunity for both local and out-of-state investors seeking stable cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,575,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B1

APN/PARCEL ID

2223-09-405-00-0101-0

ASK ABOUT THIS PROPERTY

Amanda GordonSilber Investment Properties, LTDMore Info
516-732-7079

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Amanda GordonSilber Investment Properties, LTDMore Info
516-732-7079

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.