
Listed by Mega Realty Group
$625,000
One story retail building on high traffic road
Details
Property Type Retail
Sub Type Storefront
Square Footage 2,040
Net Rentable (SqFt) 2,040
Tenancy Single
Price per SqFt $306
Year Built 1969
Buildings 1
Stories 1
Acreage 0.050
Zoning Commercial B
Investment Type Value Add
Ground Lease No
Retail | 2,040 SqFt
Marketing description
Reduced! Seller is motivated to sell and will entertain all serious offers!
One story brick stand alone building consists of 2,040 SF of rented retail space located right on high traffic Clinton Street in Hempstead. The building is zoned Business B and has a gas meter and one electric meter, and a highly visible large glass showroom window covers the whole width of the building. It is currently leased to a hair salon for $5,000 a month.
Highlights:
1. The taxes are reduced to $6,500.
2. Excellent visibility
3. High traffic with over 27,000 cars a day.
4. Excellent investment for owner/users or builders.
Investment highlights
1. The taxes are only $6,000.
2. Excellent visibility
3. High traffic with over 27,000 cars a day.
4. Excellent investment for startup buyers.
Listing Contacts

Listed by Mega Realty Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
