3116-3118 Long Beach Rd - Retail FOR SALE


Oceanside, NY 11572
$1,150,000 USD
516-801-6181
3116-3118 Long Beach Rd, Oceanside, NY for Sale
$1,150,000 USD
Retail - FOR SALE
1/8
null | 5.64% Cap Rate

3116-3118 Long Beach Rd
Oceanside, NY 11572


OVERVIEW

Offered for sale is a three-unit mixed-use building located at 3116–3118 Long Beach Road in Oceanside, positioned on one of Nassau County’s busiest commercial corridors. The property consists of a ground-floor commercial space currently operating as a restaurant/bar, secured by a brand-new 5+5 lease commencing November 1, 2025, providing long-term income stability. Above are two spacious residential apartments, each with separate private entrances and currently occupied on a month-to-month basis, offering flexibility for future repositioning or rental increases. All units are separately metered for gas and electric and feature forced-air HVAC systems. Additional highlights include a full basement, ideal for storage or operations, and a fenced-in rear patio. Strategically located with over 30,000 vehicles per day passing by and less than one mile to the Oceanside LIRR, the property benefits from strong visibility, accessibility, and proximity to shopping, dining, and surrounding residential neighborhoods—making it an ideal investment opportunity.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

5.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,704 SF

ZONING

C

APN/PARCEL ID

2089-43-327-00-0129-0

ASK ABOUT THIS PROPERTY

Giuseppe GregorioNY Space FindersMore Info
516-801-6181

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Giuseppe GregorioNY Space FindersMore Info
516-801-6181

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