Stand Alone Retail Building with Parking 700 Woodfield Rd
20,000 SF Retail Building West Hempstead, NY 11552 $2,900,000 ($145/SF)
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INVESTMENT HIGHLIGHTS
- Stand-Alone Building With On-Site Parking previously operated as a supermarket with additional 10,000 SF in the basement with several walk-in freezers
- Tremendous Exposure 163 feet of frontage on Woodfield Rd just south of Eagle Ave directly across from the Lakeview Long Island Railroad Station
- Strong Demographics & Dense population surrounding the Property with over 262,439 residents within three miles, and an avg income of +$170k
- Flexible Uses - dimensions are 100’ x 100’ with ~13 FT ceilings on a +32,000 SF lot allowing for a variety of uses or subdivision opportunies
- Easy Accessibility to/from Major Thoroughfares. Lakeview LIRR station is located directly across from the Property.
EXECUTIVE SUMMARY
Stand-Alone 10k SF Retail Building Plus Full Basement W/ Parking on .75 Acre Lot
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$2,900,000
Price Per SF
$145
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.75 AC
Zoning
Light Manufacturing
Parking
27 Spaces (3 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 2089-35-436-00-0739-0 | Improvements Assessment | $6,782 |
Land Assessment | $7,963 | Total Assessment | $14,745 |