507 Eagle Ave - Freestanding FOR SALE


West Hempstead, NY 11552
$1,199,000 USD
917-232-5042
507 Eagle Ave, West Hempstead, NY for Sale
$1,199,000 USD
Freestanding - FOR SALE
1/41
null | 8% Cap Rate

507 Eagle Ave
West Hempstead, NY 11552


HIGHLIGHTS

  • 507 Eagle Avenue presents a 6,700-square-foot mixed-use/ retail building with a roll-up door, glass storefront, and other features.
  • Prime location next to the LIRR transit lines to ensure easy commutes to the five boroughs and offers high visibility on the bustling Eagle Avenue.
  • The building was last used as a car dealership and has an excellent layout for autobody, general contractor, electric, plumbing, and other users.
  • Over 120-feet of frontage on Eagle Avenue presents prime visibility for the building signage opportunities.

OVERVIEW

507 Eagle Avenue is a rare opportunity to own a standalone mixed-use property in the heart of West Hempstead! This property boasts 3,600 square feet of interior space, offering a multitude of possibilities. It features three storefronts with a 126.25-foot frontage, situated on a 6,500-square-foot lot, which includes spacious parking at the back of the building. This property is ideal for investors or individual business owners looking to grow. It includes three lots with a central warehouse equipped with overhead doors at both the front and back for easy entry and exit. Additionally, a two-bedroom apartment provides a potential for extra income. The prime location next to the LIRR transit lines ensures easy commutes to the five boroughs and offers high visibility on the bustling Eagle Avenue. 507 Eagle Avenue is currently vacant and was last used as a used-car dealer. It is excellent for autobody, general contracting, an electrical company, a plumbing company, cabinet manufacturing, and other endless possibilities. Overhead doors make large-scale loading very easy. Eight private car parking spaces are also in the rear to welcome staff and customers. Additional information: Building Size:187x85, Office Pct.:40, Rental Income.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Business

APN/PARCEL ID

2089-35-408-00-0160-0

ASK ABOUT THIS PROPERTY

Ahmed MohamedCompass Greater New York, LLCMore Info
917-232-5042

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Ahmed MohamedCompass Greater New York, LLCMore Info
917-232-5042

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