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10 Jerusalem Ave

4,900 SF 100% Leased Retail Building Hempstead, NY 11550 £5,438,028 (£1,110/SF)

Investment Highlights

  • High Traffic Area
  • Private Parking
  • Easy Access to Public Transportation
  • Corner Lot

Executive Summary

Exceptional Opportunity to Acquire a Thriving Full Autobody Shop! - 8 spacious bays, including 1 spray booth downdraft and 1 frame machine (new) - 3 private offices, 1 reception area, and 3 bathrooms (including one in the reception area) - Ample parking for up to 20 cars, with recent renovations and modernizations - New floor, paint, and ceiling throughout, plus a brand-new roof (6 months old, 25-year guarantee) - Fully compliant with all safety codes and regulations, including fire safety and extinguishers - Flammable refinished license up to date and transferable to the new owner (a rare opportunity, as the Town of Hempstead no longer issues new licenses) - Prime location on a busy main street corner, close to shops, houses of worship, and residential areas - Almost one-acre lot size, with a separate 450 sq ft retail space (potential for additional rental income) - Established business with loyal clientele, servicing high-end vehicles (Lamborghini, Range Rover, etc.) and everyday cars Don't miss this rare opportunity to take over a thriving autobody shop with a loyal customer base and a prime location!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,900 SF
Building Class
B
Year Built
1964
Price
£5,438,028
Price Per SF
£1,110
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
4 Exterior
Building FAR
0.59
Lot Size
0.19 AC
Zoning
C - Commercial
Parking
25 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
93 ft on Greenwich St

Amenities

  • Signage
  • Air Conditioning
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
TD Bank
ALDI
Bravo
Checkers
Retro Fitness
Bank of America
Golden Krust
Foodtown
Santander Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2013-34-369-00-0157-0
Land Assessment
£1,687
Improvements Assessment
£3,003
Total Assessment
£4,690
  • Listing ID: 31712845

  • Date on Market: 06/05/2024

  • Last Updated:

  • Address: 10 Jerusalem Ave, Hempstead, NY 11550

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