Business Overview:
Small commercial building for sale in Floral Park, NY.
1,400 SF on the ground retail plus 2 residential apartments on the second floor (also 1,400 SF). Combined total potential rental income per month is $6,200.
The ground retail space has been built out as a bar space and is a turn key business for the right tenant. Full liquor license on premise.
The current owner has passed away and his heirs are selling the building.
The asking price is $495,000 and the price is slightly negotiable. For more information and for viewing, please contact Thomas Lee.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,400 SF on the ground retail plus 2 residential apartments on the second floor (also 1,400 SF). Combined total potential rental income per month is $6,200. The ground retail space has been built out as a bar space and is a turn key business for the right tenant. Full liquor license on premise. Property is 20 ft by 97 ft; Building dimensions are 20 ft by 70 ft . This property has an avenue exposure on Jericho Turnpike.
Reason for Selling:
Estate sale.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.