84-45 164Th StJamaica, NY 11432

Property Details for 84-45 164Th St

Year built

1931

Property size (Sq ft)

2,800 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

This exceptional investment opportunity presents a newly renovated 2,800 square foot grocery store located at 84-45 164th Street in Jamaica, Queens, New York. The property, built in 1931 and boasting a two-story structure, is currently vacant and offers significant potential for a new owner. The asking price is $135,000. The building comprises three units, providing ample space for a variety of retail uses. The previous tenant operated a deli for one year, indicating the viability of the location. The property includes a fully equipped kitchen with stoves and refrigerators, as well as seating for customers. A valuable basement provides additional storage space, and a backyard offers further utility. The property is situated in a high-traffic area, promising strong business potential. With a remaining lease term of five years, this presents a compelling opportunity for an investor seeking a strong return in a vibrant Queens neighborhood. The property's zip code is 11432. This is a turnkey operation ready for immediate occupancy.

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.7128

Longitude

-73.8012

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