2885 Grand Ave - Freestanding FOR SALE


Baldwin, NY 11510
$995,000 USD
516-340-9696
2885 Grand Ave, Baldwin, NY for Sale
$995,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

2885 Grand Ave
Baldwin, NY 11510


HIGHLIGHTS

  • Fully Finished Double Drive Thru Convenience Store, complete with equipment and refrigeration
  • 135' feet of frontage on Atlantic Avenue with curb cuts on Grand Avenue as well
  • 388,000 people live within a 5 mile radius
  • Median Household Income within 1 mile is $119,350
  • Approximately 18,000 cars pass the site daily
  • Property may also be leased for $6,000 per month NNN

OVERVIEW

This Double Drive Thru convenience store was outfitted as a Farm Stores. Building was gut renovated in 2022. The utilities, interior, exterior, site work, and equipment are brand new. Turn Key Store all of the refrigeration and equipment are new and virtually unused. Located at the Northeast corner of Grand Avenue, this property has curb cuts on Atlantic Avenue & Grand Avenue. This property has over 35 feet of frontage on Atlantic Avenue and approximately 50 feet of frontage on Grand Avenue. A traffic light regulates the intersection where nearly 31,589 cars pass the site daily. The Property is zoned Business-X in the Town of Hempstead, this zoning district provides the most comprehensive of uses. Uses include: office, bank, retail store, and sit down restaurant. Demographics -The Median Household Income within 1 mile is $119,350. Over 399,000 residents live within a 5 mile radius. The property can also be leased for $6,000 per month NNN.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$2,303 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Farm Store Double Drive Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Business X

APN/PARCEL ID

2089-54-275-00-0227-0

ASK ABOUT THIS PROPERTY

Clem CoteSovereign Realty GroupMore Info
516-340-9696

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Clem CoteSovereign Realty GroupMore Info
516-340-9696

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