185 Willis AveMineola, NY 11501

For Sale
$3,399,000

13,680 SF Office/Medical Space, NY

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional three-story commercial building, located at 185 Willis Ave in Mineola, NY, 11501, presents a compelling investment opportunity. Boasting 13,680 square feet of versatile space, currently configured as executive and medical office space, this property is zoned COMMERCIAL and offers significant potential for various uses. The building features high ceilings, abundant natural light from numerous windows, and has recently been freshly painted. A significant advantage is the inclusion of 27 private parking spaces in the rear, supplemented by ample street parking. The layout allows for flexibility; each floor can function as a single large unit or be subdivided into multiple smaller offices or departments. The building's footprint is substantial, with a 100-foot lot frontage and a 128-foot depth, totaling 12,827 square feet. Approximate floor sizes are 4,500 square feet each for the first and second floors, and 4,680 square feet for the basement. A common foyer provides a central entrance point, while individual units benefit from their own separate entrances and storefront windows. A portion of the building is currently generating income from six upstairs offices rented at $1,500 each (utilities and real estate taxes included, no formal leases). Two first-floor offices and three basement offices are currently vacant, presenting immediate opportunities to increase revenue. Pro forma potential rent for the first floor is $9,000 and $3,600 for the basement. The property can be delivered vacant upon sale. The 2024 real estate taxes are estimated at $90,275. A side unit has been approved for use as an adult daycare center. All information is believed to be accurate but should be independently verified. The asking price for this prime Mineola property is $3,399,000.

Highlights

  • $3,399,000 asking price for a 13,680 square foot building.
  • Located at 185 Willis Ave, Mineola, NY 11501.
  • The property is zoned COMMERCIAL and features a mix of executive and medical office space.
  • The building offers 27 private parking spaces in the rear, plus ample street parking.
  • The building is currently partially occupied, with potential for increased rental income.

Location Insight

City
Mineola
County
Nassau
State
New York
Latitude
40.745571810854
Longitude
-73.638981860867
185 Willis Ave, Mineola, New York

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185 Willis Ave
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