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Strip Center & House
Location: United States -> New York -> Suffolk County
Industry: Bars and Nightclubs > Nightclubs




Business Summary

Real Estate ONLY! PRIME REAL ESTATE SELLER WILL HOLD MORTGAGE! This is a 2 store strip center with 2200 SF and is free standing. PLUS legal 2 family house, all commercial property located on busy high traffic route in a highly desirable area near several schools and tons of medical centers. Present rent roll is $6500 per month and combined real estate taxes are $18k per year.

Seller is motivated to sell this prime property as he is moving out of state. Tons of possible uses for this property, such as medical use, deli, bagels, restaurant, bar, beer distributor, fast food-bring your ideas. The 2 stores are operating with no leases, one is a bar and the other is a liquor store and the 2 family legal commercial house is included in price. Free standing building offers separate parking lot in back for extra parking.

Seller is asking $750,000 with about $300,000 down and will hold mortgage terms to be worked out with seller. The house can be used for business. Add $75,000 to price to also buy bar as a going business. Listing 24845- Contact agent Jim Aloi from PMTG Realty group 631-375-4100 or email.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide training
Reason For Selling:  Personal

Photos

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Strip Center & House Photo 1




Print Listing Id: 700216066
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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