172-174 Herricks RdMineola, NY 11501

For Sale
$1,499,000

7,650 SF, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 172-174 Herricks Road in Mineola, NY, presents a compelling value-add opportunity for owner-users. The 7,650 square foot building, constructed in 1950, sits on a 0.15-acre lot and features two stories. Currently, the property boasts three units with a 42% occupancy rate, leaving 4,650 square feet of readily available space for expansion or lease. The building's mixed-use zoning allows for both office and retail tenants. This prime location benefits from a high volume of vehicular traffic, with 28,000 vehicles passing daily on this section of Herricks Road. Its strategic proximity to the Long Island Rail Road (LIRR) station, NYU Langone Hospital, and Mineola High School ensures high visibility and accessibility. The asking price is $1,499,000, translating to $195.95 per square foot. This fee-simple ownership offers significant potential for increased revenue and return on investment. The property's existing infrastructure provides a solid foundation for immediate occupancy and future development, making it an ideal investment for discerning buyers seeking a strong foothold in a thriving Nassau County market.

Highlights

  • 7,650 SF building on a 0.15-acre lot.
  • 4,650 SF of available space.
  • 28,000 vehicles per day (VPD) on Herricks Road.
  • Excellent location near the LIRR, NYU Langone Hospital, and Mineola High School.

Property Details for 172-174 Herricks Rd

Property type
Other retail properties, Other office properties
Square Feet
7,650 SF
Year Built
1950
Buildings
1
Stories
2
Lot Size (sq. ft)
6,534 SF
Units
3

Location Insight

City
Mineola
County
Nassau
State
New York
Latitude
40.740566946286
Longitude
-73.654326089185
172-174 Herricks Rd, Mineola, New York

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172-174 Herricks Rd
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