948-958 Broadway - Storefront FOR SALE


Woodmere, NY 11598
$9,800,000 USD
347-251-1483
948-958 Broadway, Woodmere, NY for Sale
$9,800,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

948-958 Broadway
Woodmere, NY 11598


HIGHLIGHTS

  • Prime Location: Two combined parcels totaling .87 acres with 191 feet of frontage on Broadway in the bustling Five Towns area of Woodmere.
  • Established Landmark: This entertainment and retail center has been a successful and iconic location since 1948, offering a unique legacy opportunity.
  • Diverse Revenue Streams: Currently home to five thriving businesses, including two retail units, a cooking school, a state-of-the-art bowling alley, a
  • Development Potential: Ideal for investors and developers looking to harness the growth potential of this prime site or maintain its current successfu
  • Well-Maintained Property: Expertly maintained beam and block building with high ceilings, a full basement, and two dedicated parking lots, plus additi
  • Flexibility: The bowling alley and nightclub can be negotiated or delivered vacant, providing flexibility for future development or business opportuni

OVERVIEW

Investors, Developers and Dreamers! This is the unique opportunity you have been waiting for. Two parcels combined create .87 acres with 191 feet of frontage on Broadway in Woodmere. This Entertainment and Retail center has been a successful landmark location in Five Towns since 1948. Now is your chance to invest. Harness the growth potential of this prime development site, or take it over and be part of the legacy. Currently home to five businesses being two retail units, a cooking school, a state of the art bowling alley and busy nightclub. Expertly maintained beam and block building with high ceilings and full basement, two parking lots, municipal parking across street, public transportation on block. Bowling alley and nightclub can be negotiated or delivered vacant. Do Not contact or disturb any tenants, staff or patrons.

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

41,000 SF

ZONING

X

APN/PARCEL ID

2089-39-221-00-0221-0

ASK ABOUT THIS PROPERTY

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347-251-1483

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Greta FerrariKeller Williams CommercialMore Info
347-251-1483

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