504 Fifth AvePelham, NY 10803

For Sale
$1,098,000

High-traffic Pelham business, established tenant.

Overview

Added:
Feb 3
Days on market:
39
This 1,915 square foot commercial property, located at 504 Fifth Avenue in Pelham, NY, presents a unique investment opportunity. Situated on a 0.05-acre lot in a desirable suburban area, this property boasts a strong existing tenant base, ensuring immediate income potential. The open layout offers flexibility for various business types, from retail to office space. Its prime location within a bustling community guarantees high foot traffic and proximity to numerous amenities, including restaurants like Sergio's, cafes, shops, and fitness centers. The property also offers significant development potential. Current zoning allows for the addition of a second floor, and Pelham's BDFZ law presents possibilities for residential conversion. This combination of immediate income generation and substantial future development potential makes this a rare and attractive investment in a thriving Pelham community. The property's versatile design allows for easy customization to suit diverse business needs, maximizing efficiency and productivity. Don't miss this chance to own a thriving commercial space with significant upside.

Property Details for 504 Fifth Ave

Property type
Other commercial real estate
Square Feet
1,915 SF
Year Built
1980
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Pelham
County
Westchester County
State
New York
Latitude
40.91876
Longitude
-73.80533
504 Fifth Ave, Pelham, New York

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504 Fifth Ave
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