5055 Northern Blvd - Service Station FOR SALE


Glen Head, NY 11545
$3,800,000 USD
516-829-2205
5055 Northern Blvd, Glen Head, NY for Sale
$3,800,000 USD
Service Station - FOR SALE
1/5
null | 5.34% Cap Rate

5055 Northern Blvd
Glen Head, NY 11545


HIGHLIGHTS

  • Approximately 80,000 cars daily
  • Call or Text Phil at (516) 829-2205 for more information today!

OVERVIEW

On Almost Half An Acre (19,031 SF) Lot Of Prime Property. This phenomenal opportunity to build a new Gas & Go Station, coffee shop, 7-eleven, Cumberland Farms or take out and drive and go restaurant. Tremendous upside potential. All gas storage tanks have been removed. 60,000+ cars pass this location daily. Open up with a lucrative and profitable convenience or 7-Eleven-type setup in this location. Add 12 charging stations for all those with electric cars, pay air pumps, and possibly a car wash/detailing business. Medical facility is possible. All gas storage tanks have been removed. Wealthiest & Busiest Corner/Oyster Bay/Village of Brookville The corner of Northern Blvd (Rd25A and Rt 1070/Hegeman Lane) features: Freestanding location at "Main and Main" on the North Shore Greatest wealth concentration of any site on the North Shore's "Gold Coast." Average household income of $225,000+ Obvious billboard location Heavy traffic signalized Intersection. Unique monopoly because zoning prevents any new competitors within 2.5 miles Cross Street: Hegeman Ln. Directions: Northern Blvd., Corner of Hegeman Lane. Wealthiest & Busiest Corner/Oyster Bay/Village of Brookville The corner of Northern Blvd (Rd25A and Rt 107 features: Freestanding location at "Main and Main" on the North Shore Greatest wealth concentration of any site on the North Shore's "Gold Coast." Average household income of $225,000+ Obvious billboard location Heavy traffic signalized Intersection ( 60,000+ cars per day!) Unique monopoly because zoning prevents any new competitors within 2.5 miles Taxes: County: $7,536 School: $29,402 Total Taxes: $36,938 ALSO FOR RENT contact broker, Phil Raices (516) 647-4289. Other gas stations are available.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$760 USD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Corner Northern Blvd & Rt 107

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Fast Food, Medical, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C

APN/PARCEL ID

2415-22-027-00-0027-0

ASK ABOUT THIS PROPERTY

Phil RaicesTurn Key Real EstateMore Info
516-829-2205

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Phil RaicesTurn Key Real EstateMore Info
516-829-2205

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