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Stand Alone Retail Building with Parking 700 Woodfield Rd 20,000 SF Retail Building West Hempstead, NY 11552 $2,600,000 ($130/SF)



Investment Highlights
- Stand-Alone Building With On-Site Parking previously operated as a supermarket with additional 10,000 SF in the basement with several walk-in freezers
- Tremendous Exposure 163 feet of frontage on Woodfield Rd just south of Eagle Ave directly across from the Lakeview Long Island Railroad Station
- Strong Demographics & Dense population surrounding the Property with over 262,439 residents within three miles, and an avg income of +$170k
- Flexible Uses - dimensions are 100’ x 100’ with ~13 FT ceilings on a +32,000 SF lot allowing for a variety of uses or subdivision opportunies
- Easy Accessibility to/from Major Thoroughfares. Lakeview LIRR station is located directly across from the Property.
Executive Summary
Stand-Alone 10k SF Retail Building Plus Full Basement W/ Parking on .75 Acre Lot
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$2,600,000
Price Per SF
$130
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.75 AC
Zoning
Light Manufacturing
Parking
27 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-35-436-00-0739-0 | Improvements Assessment | $5,797 |
| Land Assessment | $7,963 | Total Assessment | $13,760 |
Property Taxes
Parcel Number
2089-35-436-00-0739-0
Land Assessment
$7,963
Improvements Assessment
$5,797
Total Assessment
$13,760
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Stand Alone Retail Building with Parking | 700 Woodfield Rd
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