For Sale
$90,000

14 Bayville Ave Bayville, NY 11709

Beachfront Opportunity: Established Restaurant

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial property at 14 Bayville Avenue in Bayville, NY, presents a lucrative investment opportunity. The 1-square-foot retail space, part of a larger 12,720-square-foot lot, houses an established restaurant with a proven track record. The building, constructed in 1962, is a two-story frame structure with central air conditioning and both electric and natural gas heating. The property boasts ample parking with 15 spaces and benefits from a highly desirable commercial zoning designation. The current lease has seven years remaining, with a monthly rent of $5,244.37, subject to a 2% annual increase. The tenant is responsible for all utilities (electric, heat, hot water, gas, and insurance), except for water, where the landlord covers the first $100. A one-month security deposit is required. This prime location directly across from the beach offers unparalleled visibility and access to a large customer base. The property's strong tenant occupancy and favorable lease terms make it an attractive investment for discerning buyers. The asking price is $90,000. This is a rare chance to acquire a well-situated, income-generating property in a thriving coastal community. Don't miss this opportunity to own a piece of Bayville's vibrant commercial landscape. The property is located in Nassau County, NY, zip code 11709.

Highlights

  • Electric and natural gas heating.
  • Central air conditioning.
  • Two-story building.
  • Frame construction.
  • Commercially zoned.

Property Details for 14 Bayville Ave

Property type
Retail properties, Restaurants
Square Feet
1 SF
Year Built
1962
Stories
2

Location Insight

City
Bayville
County
Nassau
State
New York
Latitude
40.9075488
Longitude
-73.5451897

FAQs

What type of property is this?
Retail property - Beachfront Opportunity: Established Restaurant
Where is the retail property located?
The property is located at 14 Bayville Ave Bayville, NY.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Electric and natural gas heating.; Central air conditioning.; Two-story building.
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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14 Bayville Ave
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