10 Jerusalem Ave
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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
Amenities
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2013-34-369-00-0157-0 | Improvements Assessment | £3,003 |
Land Assessment | £1,687 | Total Assessment | £4,690 |
PROPERTY TAXES
Parcel Number
2013-34-369-00-0157-0
Land Assessment
£1,687
Improvements Assessment
£3,003
Total Assessment
£4,690
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Presented by
Cavestone Realty Inc
10 Jerusalem Ave
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