For Sale
$1,300,000

2550 Hempstead Tpke East Meadow, NY 11554

High-traffic, vacant storefront, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a vacant 4,500-square-foot retail storefront located at 2550 Hempstead Turnpike in East Meadow, New York. The property, built in 1985, is a three-story Class B building situated on a 0.12-acre lot (APN: 2089-51-004-00-0083-0) and offers fee simple ownership. Currently vacant, this storefront presents a value-add opportunity for an opportunistic investor. The asking price is $1,300,000, translating to $288.89 per square foot. The property benefits from its location on Hempstead Turnpike, a high-traffic area with 53,949 cars passing daily, ensuring excellent visibility and accessibility. The building is zoned for commercial use and includes some on-site parking for added convenience. Its prime location is surrounded by other neighborhood retail businesses, creating a synergistic environment. This property is ideal for a variety of retail uses and presents a strong potential for significant return on investment. The net rentable area is 4,500 square feet.

Highlights

  • Vacant 4,500 SF retail storefront available for sale.
  • Owner will vacate upon sale.
  • High-traffic location on Hempstead Turnpike with 53,949 cars passing daily.
  • Features on-site parking.
  • Excellent retail location surrounded by other businesses.

Property Details for 2550 Hempstead Tpke

Property type
Retail properties, Retail space
Square Feet
4,500 SF
Class
B
Year Built
1985
Buildings
1
Stories
3
Lot Size (sq. ft)
5,227 SF

Location Insight

City
East Meadow
County
Nassau
State
New York
Latitude
40.72413117
Longitude
-73.54135701
2550 Hempstead Tpke, East Meadow, New York

FAQs

What type of property is this?
Retail property - High-traffic, vacant storefront, great potential.
Where is the retail property located?
The property is located at 2550 Hempstead Tpke East Meadow, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Vacant 4,500 SF retail storefront available for sale.; Owner will vacate upon sale.; High-traffic location on Hempstead Turnpike with 53,949 cars passing daily.
How can I contact the broker?
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2550 Hempstead Tpke
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