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650 Tremont AveThe Bronx, NY 10457

Former Walgreens, Excellent Condition, High Visibility

Overview

Added:
Feb 13
Days on market:
52
This exceptional retail property, located at 650 E Tremont Avenue in the Bronx, presents a unique investment opportunity. Situated on a highly visible corner lot at the intersection of East Tremont Avenue and Belmont, this single-tenant building boasts a prominent street presence ideal for attracting a diverse customer base. The building previously housed a Walgreens, indicating a strong track record of successful retail operations within this location. The structure is in very good condition, minimizing the need for significant capital improvements upon acquisition. The property's classification as a retail space within the Bronx County, specifically the BRONX submarket, highlights its strategic position within a densely populated and commercially active area. The single-tenancy aspect offers streamlined management and potential for long-term lease agreements. This corner location offers significant advantages, including increased visibility and accessibility for potential customers. The property's size and layout are well-suited for a variety of retail uses, making it an attractive option for both established businesses and new ventures seeking a high-traffic location in a thriving Bronx neighborhood. This is a rare opportunity to acquire a well-maintained, high-visibility retail property in a prime location. The building's history as a successful Walgreens further underscores its potential for continued success. Serious inquiries are encouraged.

Highlights

  • Corner location at East Tremont Avenue and Belmont.
  • Single-tenant retail building.
  • Excellent condition.
  • Former Walgreens location.

Property Details for 650 Tremont Ave

Property type
Retail properties
RSF (Rentable sq. ft)
11,250 SF

Unit(s) available at that property

Space
Size
11,250 SF

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8457949
Longitude
-73.8924444
650 Tremont Ave, The Bronx, New York

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650 Tremont Ave
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