308 204Th StThe Bronx, NY 10467

Property Details for 308 204Th St

Year built

1921

Property size (Sq ft)

7,500 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 7,500 square foot, single-story commercial property located at 308 E 204th St, The Bronx, NY 10467, presents a unique investment opportunity. Built in 1921 and recently renovated, this vacant property boasts a combined restaurant and bakery setup, ideal for a multi-business operation. The asking price is $250,000. The space features a fully equipped kitchen with brand new, paid-off equipment including two large refrigerators, a cake cooler, four display fridges, an empanada warmer, a high-end bread shelf ($4000), a display shelf ($1500), three sinks, two coffee machines, a substantial refrigerator ($6500), a food assembly line ($2700), a microwave, pizza maker, toaster, panini press, a five-foot steam table ($1500), sandwich table, hot food storage stand, ample shelving, a salad vaporizer, grill, cold table, large oven, cake mixer, small oven, and storage tubs. Additional features include two bathrooms, brand new air conditioning, and a full basement. The property is situated in a high-traffic area and includes a nine-year remaining lease term. The seller is highly motivated and open to partnership discussions. This turnkey operation is ready for a new owner to step in and begin generating revenue immediately. The property consists of four units. Gas is available. This is a truly remarkable opportunity to acquire a well-equipped, established business in a prime location.

Location Insight

City

The Bronx

County

Bronx

State

New York

Latitude

40.8727

Longitude

-73.8785

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