Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!! The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9' Ceilings, 2 Lots, Strategically Placed Curb Cut, Multiple Offices, Restaurant/Bar, Basement, Rear Yard, All New LED Lighting, 400 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Bellmore On Pettit Ave. At The Bellmore LIRR Station & 1 Block Off Sunrise Highway!!! The Property Is Situated In Between Large Municipal Parking Lots!!! Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, Dunkin', CVS, Panera Bread, Crunch Fitness, Applebee's Bar & Grill, Mavis Discount Tire, Costello's Ace Hardware, HomeGoods, Aboff's Paints, Trader Joe's, McDonald's, Valero, +++!!! The Building Has A Cabaret License & Was Previously Home To A Successful Bar/Live Music Venue!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!!Income:Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28.Office 2 (500 Sqft.): $24,000 Ann. (Available)Office 3 (500 Sqft.): $24,000 Ann. (Available)Office 4 (500 Sqft.): $24,000 Ann. (Available)Restaurant/Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann.Pro Forma Gross Income: $252,000 Ann.Expenses:Gas: $0 Ann.Electric: $0 Ann.Maintenance & Repairs: $250 Ann.Insurance: $5,380 Ann.Taxes: $53,545.35 Ann.Total Expenses: $59,175.35 Ann.Pro Forma Net Operating Income (NOI): $192,824.65 Ann. (7.28% Cap!!!)
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
2600-2610 Pettit Avenue | MLS# 943393
This commercial property located at 2600-2610 Pettit Avenue, Bellmore, NY 11710 is currently listed for sale with an asking price of $2,650,000. Search Bellmore real estate on www.coldwellbankerchoice.com today.