For Sale
$1,295,000

33 Central Ave Pearl River, NY 10965

Restaurant, Bar, & Rental Units - $1.295M

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional mixed-use property, located at 33 W Central Ave in the heart of Pearl River, NY, presents a unique investment opportunity. The 5,528 square foot building boasts a thriving, established bar and restaurant on the ground floor. The commercial space features an open serving area, a stage, multiple restrooms, a fully equipped turnkey kitchen, a bar, and a sizable outdoor patio. Currently operating at 100% occupancy, this turnkey business offers immediate income potential. Upstairs, six individual boarding house units, each with its own bathroom, provide additional rental income streams. The sale includes both the business and the real estate, offering a complete and lucrative package. The property is zoned CC and operates under an Absolute NNN lease type. This is a rare chance to acquire a well-established, high-performing business with significant rental income in a vibrant downtown location. The asking price is $1,295,000, representing a price per square foot of $234.26. Detailed financial information is available upon request. This is a truly remarkable opportunity for a savvy investor seeking a strong return on investment in a desirable New York location. The property is situated in Rockland County, NY, zip code 10965.

Highlights

  • Mixed-use property at 33 W Central Ave, Pearl River, NY, totaling 5,528 square feet.
  • Ground floor features an established bar and restaurant with a turnkey kitchen, stage, patio, and multiple restrooms; currently 100% occupied.
  • Six individual boarding house units upstairs, each with its own bathroom, provide additional rental income.
  • Sale includes both the business and real estate; zoned CC, Absolute NNN lease.
  • Asking price: $1,295,000 ($234.26/SF).

Property Details for 33 Central Ave

Property type
Retail properties, Bars
Square Feet
5,528 SF

Location Insight

City
Pearl River
County
Rockland
State
New York
Latitude
41.058904008277
Longitude
-74.023060183769
33 Central Ave, Pearl River, New York

FAQs

What type of property is this?
Retail property - Restaurant, Bar, & Rental Units - $1.295M
Where is the retail property located?
The property is located at 33 Central Ave Pearl River, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Mixed-use property at 33 W Central Ave, Pearl River, NY, totaling 5,528 square feet.; Ground floor features an established bar and restaurant with a turnkey kitchen, stage, patio, and multiple restrooms; currently 100% occupied.; Six individual boarding house units upstairs, each with its own bathroom, provide additional rental income.
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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
33 Central Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message