171 Maple Ave - Storefront FOR SALE


Rockville Centre, NY 11570
$795,000 USD
516-340-9696
171 Maple Ave, Rockville Centre, NY for Sale
$795,000 USD
Storefront - FOR SALE
1/4
null | 7.24% Cap Rate

171 Maple Ave
Rockville Centre, NY 11570


HIGHLIGHTS

  • Transit Oriented Mixed Use Building within walking distance to the Rockville Centre Train Station & the downtown shopping district
  • Well established restaurant with a full basemnt and legal exterior walk in box
  • 3 Bedroom / 1 Bahroom apartment upstairs
  • Long term tenant histories
  • Perfect for a small 1031 exchange

OVERVIEW

This property is walking distance from the Rockville Centre Long Island Railroad Station. In addition the property is a short walk from the Village of Rockville Centre boasting some of the best restaurants on the South Shore of Long Island. Mother Kelly’s originated in Cedarhurst in 1969. They relocated to this location in September 2015. The Apartment tenant has been at this location since October 2015. Their lease is guaranteed under Section 8 of HUD. Building has a full basement used for prep and storage. The walk in box in the rear has a certificate of occupancy. Building also has an above ground grease trap. There also exists a rear alley way to North Forest Avenue for easy loading of goods and supplies.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

7.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,782 SF

ZONING

Residence B

APN/PARCEL ID

2029-38-282-00-0239-0

ASK ABOUT THIS PROPERTY

Clem CoteSovereign Realty GroupMore Info
516-340-9696

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Clem CoteSovereign Realty GroupMore Info
516-340-9696

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