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12 Lido Blvd 2,882 SF Retail Building Point Lookout, NY 11569 $7,500,000 ($2,602.36/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully renovated gas station with C-store has new pumps, tanks, canopy and equipment.
- Excellent signage and visibility. At the entrance of Point Lookout at the only Red Traffic Light
- Located on high traffic corner at entrance to Point Lookout. One block to High Traffic Loop Parkway entrance to Jones Beach and Meadowbrook Parkway
EXECUTIVE SUMMARY
*Incredible opportunity to own a completely updated Shell-branded gas station and convenience store in one of Long Island’s most desirable coastal communities. Located at the entrance to Point Lookout, just 1 block the Loop Parkway, this high-traffic site offers unmatched visibility and steady year-round business from both local residents and visitors. The property features brand-new Shell fuel pumps, upgraded tanks and systems, a modern canopy, and a fully renovated convenience store with all new fixtures, coolers, flooring, and equipment. Everything is turnkey and ready for immediate operation — no additional work needed. Sitting on approximately 12,000 sq. ft. of high value land with a 2,882 sq. ft. new building, the site provides easy access, strong traffic flow, and excellent signage opportunities. Its zoning allows continued use as a service station and market, making it ideal for an owner-operator or investor looking for a stable, high-performing commercial asset. With its prime location, updated infrastructure, and strong brand affiliation, 12 Lido Blvd represents a rare chance to acquire a modern gas and convenience operation in a premium, limited-competition market. Owner will listen to all offers!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,882 SF
Building Class
C
Year Built/Renovated
1951/2022
Price
$7,500,000
Price Per SF
$2,602.36
Cap Rate
8%
NOI
$600,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.28 AC
Zoning
Commerical / Business - Commerical / Business
Parking
15 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 2089-61-004-00-0011-0 | Improvements Assessment | $5,994 |
| Land Assessment | $3,780 | Total Assessment | $9,774 |
PROPERTY TAXES
Parcel Number
2089-61-004-00-0011-0
Land Assessment
$3,780
Improvements Assessment
$5,994
Total Assessment
$9,774
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12 Lido Blvd
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