This exceptional commercial property, located at 5514 Merrick Road in Massapequa, New York, presents a fantastic opportunity for a variety of businesses. Priced at $549,500, this general commercial space offers high visibility from its prime location on Merrick Road, ensuring significant exposure to potential customers. The building features a spacious, open layout ideal for flexible configurations to suit diverse business needs. A convenient bathroom is included for employee and client use. Maintaining a comfortable working environment is ensured by the presence of central air conditioning. The property also benefits from natural gas hookup, providing efficient and cost-effective utility service. Ample parking is available in a dedicated rear lot, eliminating parking concerns for employees and clients. A significant advantage is the addition of a rear extension, offering valuable extra space that can be utilized as a separate office, storage area, or adapted to meet specific business requirements. This versatile space is ready for immediate occupancy and presents a compelling investment opportunity in a desirable location. The property sits on a lot of 0 acres. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$92,233
Hospitality
$84,485
Educational
$70,291
Medical
$72,708
Retail
$109,341
Location Insight
City
Massapequa
County
Nassau
State
New York
Latitude
40.6688
Longitude
-73.4337
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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