2600-2610 Pettit Ave

bellmore, NY 11710

$2,350,000

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    Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!! The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9’ Ceilings, 2 Lots, Strategically Placed Curb Cut, Multiple Offices, Restaurant/Bar, Basement, Rear Yard, All New LED Lighting, 400 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Bellmore On Pettit Ave. At The Bellmore LIRR Station & 1 Block Off Sunrise Highway!!! The Property Is Situated In Between Large Municipal Parking Lots!!! Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, Dunkin’, CVS, Panera Bread, Crunch Fitness, Applebee’s Bar & Grill, Mavis Discount Tire, Costello’s Ace Hardware, HomeGoods, Aboff’s Paints, Trader Joe’s, McDonald’s, Valero, +++!!! The Building Has A Cabaret License & Was Previously Home To A Successful Bar/Live Music Venue!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!!

    Income:

    Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28.

    Office 2 (500 Sqft.): $24,000 Ann. (Available)

    Office 3 (500 Sqft.): $24,000 Ann. (Available)

    Office 4 (500 Sqft.): $24,000 Ann. (Available)

    Restaurant/Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann.

    Pro Forma Gross Income: $252,000 Ann.

    Expenses:

    Gas: $0 Ann.

    Electric: $0 Ann.

    Maintenance & Repairs: $250 Ann.

    Insurance: $5,380 Ann.

    Taxes: $53,545.35 Ann.

    Total Expenses: $59,175.35 Ann.

    Pro Forma Net Operating Income (NOI): $192,824.65 Ann. (7.28% Cap!!!)

    Details

    9,000 Sq Ft

    3,850 Sq Ft Lot Size

    commercial

    $4,462 Monthly Tax

    Built in 1924

    MLS/Listing ID 943393

    5 Units

    Amenities & Features

    Parking - Unassigned

    Heating - Natural Gas

    Cooling - Central Air

    Construction - Block

    Construction - Frame

    Public Water

    Public Sewer

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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