Pelham Road Redevelopment Retail FOR SALE


New Rochelle, NY - Isle Of San Souci
$2,690,000 USD
914-588-1585
, New Rochelle, NY for Sale
$2,690,000 USD
Retail - FOR SALE
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Pelham Road Redevelopment
New Rochelle, NY
Isle Of San Souci


OVERVIEW

RETAIL / CANNABIS / MIXED-USE OPPORTUNITY | 69 - 77 Pelham Road, New Rochelle, NY Assemblage of 8,276 Square Feet with 165 feet of frontage on Pelham Road Excellent Location for many retail uses including: Cannabis, Automotive, Retail, Mixed-use Residential and more. 69 Pelham Road | Existing Auto Repair shop is approximately 1,600 sq ft and includes a 5 car parking lot on the side of the building. To be delivered vacant. Repair shop can be razed and lot paved to provide additional parking for new retail use at 77 Pelham Road. Taxes are approximately $20,000 annually. 77 Pelham Road | Existing Tavern is approximately 2,500 sq ft and can be delivered vacant to be retro-fitted for many uses. The 2nd floor consists of two market rate apartments (1 bedroom 1 bathroom, 2 bedroom 1 bathroom). Residential tenants are on a month- to-month lease (currently paying $1,100/ month each- under market rents). Taxes are approximately $22,000 annually. Total Assemblage Asking Price: $2,690,000

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Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

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Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

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