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Executive Summary
Excellent opportunity to acquire a highly visible commercial property in the heart of Hicksville, prominently situated at the corner of Woodbury Road and Max Avenue. The property features an approximately 1,305 SF freestanding building on ±0.27 acres (±11,827 SF) with substantial paved area for parking, circulation, and potential reconfiguration.
The property will be delivered vacant, giving an owner-user, investor, or developer the flexibility to create a space tailored to their needs. Its location, visibility, and site configuration offer potential for a variety of commercial concepts, including restaurant, retail, professional or medical office, automotive/service, and other business uses, subject to applicable zoning and municipal approvals.
For an investor, the property also presents the potential to secure a tenant under a Triple Net (NNN) lease structure, where the tenant may be responsible for base rent along with real estate taxes, insurance, and property operating expenses, providing the potential for a more passive investment structure.
Potential Owner Financing: The seller may consider providing up to $700,000 in owner financing at a 5% interest rate, subject to mutually acceptable terms, buyer qualifications, down payment, amortization, maturity, and seller approval. This could provide a purchaser with an attractive alternative to conventional commercial financing.
With excellent exposure along a heavily traveled commercial corridor, on-site parking, corner positioning, and flexible future potential, 88 Woodbury Road offers a compelling opportunity for owner-users and investors looking to establish or expand their presence in Hicksville.
The property will be delivered vacant, giving an owner-user, investor, or developer the flexibility to create a space tailored to their needs. Its location, visibility, and site configuration offer potential for a variety of commercial concepts, including restaurant, retail, professional or medical office, automotive/service, and other business uses, subject to applicable zoning and municipal approvals.
For an investor, the property also presents the potential to secure a tenant under a Triple Net (NNN) lease structure, where the tenant may be responsible for base rent along with real estate taxes, insurance, and property operating expenses, providing the potential for a more passive investment structure.
Potential Owner Financing: The seller may consider providing up to $700,000 in owner financing at a 5% interest rate, subject to mutually acceptable terms, buyer qualifications, down payment, amortization, maturity, and seller approval. This could provide a purchaser with an attractive alternative to conventional commercial financing.
With excellent exposure along a heavily traveled commercial corridor, on-site parking, corner positioning, and flexible future potential, 88 Woodbury Road offers a compelling opportunity for owner-users and investors looking to establish or expand their presence in Hicksville.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,500 SF
Building Class
C
Year Built
1952
Price
$1,499,999
Price Per SF
$1,000.00
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.28 AC
Zoning
GB - General Business
Parking
50 Spaces (33.33 Spaces per 1,000 SF Leased)
Frontage
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2489-12-179-00-0126-0 | Improvements Assessment | $3,331 |
| Land Assessment | $2,727 | Total Assessment | $6,058 |
Property Taxes
Parcel Number
2489-12-179-00-0126-0
Land Assessment
$2,727
Improvements Assessment
$3,331
Total Assessment
$6,058
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88 Woodbury Rd



