1547 Arthur Kill Rd Staten Island, NY 10312

This exceptional 17,360 square foot shopping center, located at 1547 Arthur Kill Road on Staten Island, New York, presents a compelling investment opportunity. Built in 1981, the property sits on a substantial 97,851 square foot M1-1 zoned lot, offering significant potential for expansion. Currently housing ten storefronts with a diverse mix of food and beverage, service, and office tenants, the center boasts ample parking with 23 spaces, exceeding zoning requirements. The asking price is $7,300,000, translating to $420.51 per square foot. The property's prime location on a busy section of Arthur Kill Road ensures high visibility and foot traffic. A significant advantage lies in the approximately eighty thousand square feet of unused floor area, presenting substantial opportunities for future development and increased revenue generation. This property offers a rare combination of established income and significant upside potential in a desirable Staten Island location. The existing parking lot comfortably accommodates over 80 vehicles. The property's zoning and substantial land area provide a strong foundation for long-term growth and profitability. This is a unique chance to acquire a well-positioned retail center with considerable expansion possibilities.