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New

$899,000

14 days on market

2885 Grand Avenue

Baldwin, NY 11510

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1964

Built

Listing narrative

Description

This updated and renovated retail opportunity positioned on a prominent signalized corner at Grand Avenue and Atlantic Avenue offers a 5000 vehicle per day traffic count. The building offers a streamlined footprint ideal for an investor seeking a lowmaintenance asset with strong visibility and accessibility. The property offers the ability to acquire a recognized retail model with corner exposure and flexible potential for a variety of retail uses. Its efficient size supports manageable operating costs while providing an attractive presence at a highly visible corner with AM traffic patterns and evening hours provide added opportunity to an owner/operator. Currently with tobacco and beer sales permitted. Investment Cap Rate 7%

Listing agent (MLS): Ben Indiviglia Jr · Listing brokerage (MLS): Douglas Elliman Comm of LI LLC

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$899,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.15 acres

Year

1964

Status

New

Days on Market

14

· 8% down, 7% APR, 30yr fixed
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Courtesy of Douglas Elliman Comm of LI LLC