For Sale
$5,900,000

176 Maple Ave Monsey, NY 10952

Established Grocery Store, Huge Income Potential

Overview

Added:
Feb 3
Days on market:
77
This exceptional 11,248 square foot retail property located at 176 Maple Ave, Monsey, NY, presents a unique investment opportunity. Situated on a 0.35-acre lot in a high-traffic area, this established grocery store boasts significant expansion potential. The current business includes approximately $1.5 million worth of equipment, ready for immediate operation, and features a layout conducive to adding a takeout, bakery, meat, and fish department. The building also includes 22 fully occupied offices, generating substantial rental income with ample room for growth. The property offers 24 parking spaces and a powerful generator, ensuring uninterrupted operations. Financial records detailing current income ($74,588.5 monthly) and expenses are available in the listing documents. The new owner can potentially increase monthly income to over $200,000 through strategic expansion and operational improvements. Further expansion opportunities include finishing a fifth floor for additional revenue and adding 800 square feet to the existing supermarket. This turnkey operation offers immediate returns and significant long-term growth prospects in a prime Monsey location. The property also includes a detached garage with parking for four or more vehicles.

Property Details for 176 Maple Ave

Property type
Retail properties
Square Feet
11,248 SF
Year Built
2019
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Monsey
County
Rockland County
State
New York
Latitude
41.11689
Longitude
-74.06049
176 Maple Ave, Monsey, New York

FAQs

What type of property is this?
Retail property - Established Grocery Store, Huge Income Potential
Where is the retail property located?
The property is located at 176 Maple Ave Monsey, NY.
What is the asking price?
The asking price for this property is $5,900,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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176 Maple Ave
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