97 Merrick RdBaldwin, NY 11510

For Sale
$1,300,000

Prime Retail & Residential Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a mixed-use property located at 97 Merrick Road in Baldwin, NY, 11510. The property consists of a ground floor retail space currently operating as a fully equipped pizza shop, offering significant potential for diverse commercial uses. Above the retail space are two 2-bedroom apartments. One apartment is currently vacant, while the other is occupied by a tenant paying $2050 per month (without a lease). The building's total square footage is not currently specified. This prime location offers high visibility and foot traffic, situated on a main thoroughfare just two blocks from the Long Island Rail Road (LIRR) station, ensuring convenient access for commuters and customers. The asking price for this property is $1,300,000. The property's strategic location and the combination of retail and residential income streams make it an attractive investment prospect with considerable upside potential. The existing pizza shop provides immediate cash flow, while the vacant apartment offers the opportunity to increase rental income. The flexibility of the retail space allows for a variety of commercial ventures, catering to the needs of the local community. This is a rare opportunity to acquire a well-positioned property in a thriving area. Serious inquiries are encouraged.

Highlights

  • $1,300,000 asking price.
  • Retail shopping center property in Baldwin, NY.
  • 0 square feet (building size not specified, but includes two 2-bedroom apartments and a pizza shop).
  • Two 2-bedroom apartments, one vacant, one occupied with a tenant paying $2050 (lease details unspecified).
  • Located on Merrick Road, two blocks from the Long Island Rail Road (LIRR).

Location Insight

City
Baldwin
County
Nassau
State
New York
Latitude
40.6509427
Longitude
-73.6115794
97 Merrick Rd, Baldwin, New York

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97 Merrick Rd
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