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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.
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Sunny Sikka
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185 Willis Ave, Mineola, New York, 11501
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.