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Milk Stop 2885 Grand Ave 432 SF Retail Building Baldwin, NY 11510 $899,000 ($2,081.02/SF) 8% Cap Rate
Executive Summary
PRIME Turn-Key Corner Commercial Property – Fully Renovated 2024 | Available With or Without Established Business
Rare opportunity to acquire a highly visible corner commercial property currently home to a popular neighborhood coffee and food destination. The property can be purchased with the operating business and equipment included or delivered vacant for a new concept or owner-user.
The building was recently renovated in 2024 with new plumbing, heating, and electrical systems, making it fully updated and turn-key ready for immediate operation.
Positioned on busy Grand Avenue with strong daily traffic and excellent visibility, the property offers convenient access and is ideal for a coffee shop, café, quick-service restaurant, deli, retail concept, or neighborhood market.
A unique opportunity to own a fully renovated commercial property in the heart of Baldwin with flexible use and strong local presence.
Rare opportunity to acquire a highly visible corner commercial property currently home to a popular neighborhood coffee and food destination. The property can be purchased with the operating business and equipment included or delivered vacant for a new concept or owner-user.
The building was recently renovated in 2024 with new plumbing, heating, and electrical systems, making it fully updated and turn-key ready for immediate operation.
Positioned on busy Grand Avenue with strong daily traffic and excellent visibility, the property offers convenient access and is ideal for a coffee shop, café, quick-service restaurant, deli, retail concept, or neighborhood market.
A unique opportunity to own a fully renovated commercial property in the heart of Baldwin with flexible use and strong local presence.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Freestanding
Building Size
432 SF
Building Class
B
Year Built/Renovated
1964/2024
Price
$899,000
Price Per SF
$2,081.02
Cap Rate
8%
NOI
$71,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.15 AC
Parking
5 Spaces (11.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-54-275-00-0227-0 | Improvements Assessment | $0 |
| Land Assessment | $840 | Total Assessment | $840 |
Property Taxes
Parcel Number
2089-54-275-00-0227-0
Land Assessment
$840
Improvements Assessment
$0
Total Assessment
$840
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Presented by
Garrett Guttenberg
Milk Stop | 2885 Grand Ave
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