Prime Downtown Corner Retail Building For Sale
Perfect Redevelopment Opportunity One Block Away From The Manhasset Train Station
Marketing description
This 2-story, multi-tenant retail building sits on the corner of Orchard Street. It is walking distance to the Long Island Railroad Manhasset Train Station. The building is currently being used as a fully operational movie theatre with three screens and a liquor license. The corner stores operate on a month to month basis as a real estate office and a coffee importing company. The upper theater has a door that walks out onto a roof deck facing Plandome Road. The right business could utilize the space creatively. Nearly 330,000 residents live within a 5 mile radius of the site. Median Household Income are nearly $200,000 per annum within a 1 mile radius of the site. The real estate office and adjoining business are on a month to month lease for easier redevelopment.
Investment highlights
Prime corner downtown building
Traffic light regulated intersection
New sewer line runs down Plandome Road allowing this property to connect.
Walking distance from the Manhasset LIRR Train Station
All tenancies are Month to Month enabling flexibility for a redevelopment plan
Within the building is a fully operational, two story movie theatre complete with a liquor license
Corner stores would make excellent restaurant space
The second floor theater has a door leading to the rooftop over the first floor portion of the building
Unbelievable demographics with $200,000+ Median income levels and 330,000 residents living in a 5 mile radius
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