For Sale
$2,800,000

80 Guy Lombardo Ave Freeport, NY 11520

Medical Offices & Duplex, High Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional Freeport, NY mixed-use property presents a compelling investment opportunity. The 4,155 square foot building sits on a 0.18-acre lot and is comprised of three established medical offices and a three-bedroom residential duplex. This versatile configuration offers immediate income potential from both commercial and residential tenants. The property boasts a dedicated parking lot with capacity for eleven vehicles, ensuring ample parking for patients, clients, and residents. A significant advantage is the inclusion of valuable zoning air rights, opening the door to future vertical expansion and increased revenue generation. The potential for adding more medical offices or residential units is readily apparent, making this property attractive to both medical professionals and astute investors. Its prime location in a thriving community further enhances its appeal. The existing structure provides a solid foundation for immediate returns, while the air rights offer significant long-term growth potential. Whether seeking a personal use property with rental income or a purely investment-focused venture, this multifaceted commercial property offers a rare opportunity to capitalize on a dynamic market. The property's combination of established income streams and expansion possibilities makes it a truly unique and attractive investment.

Property Details for 80 Guy Lombardo Ave

Property type
Mixed-use properties
Square Feet
4,155 SF
Year Built
1900
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Freeport
County
Nassau County
State
New York
Latitude
40.65419
Longitude
-73.58481

FAQs

What type of property is this?
Mixed-use property - Medical Offices & Duplex, High Potential
Where is the mixed-use property located?
The property is located at 80 Guy Lombardo Ave Freeport, NY.
What is the asking price?
The asking price for this property is $2,800,000.
How can I contact the broker?
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80 Guy Lombardo Ave
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