349 - 353 Hempstead Ave

Prime Development Opportunity available on this 16,814 SF Mixed-use commercial property on the corner of Hempstead Avenue and Spruce Street in West Hempstead’s busy business district. This location is in walking distance to public transportation and the LIRR, and close to several houses of worship and schools. The property consists of a legal 3-family residential building in need of renovation, two separate commercial buildings with retail storefronts and full basements, a warehouse/garage with full attic, and a parking lot. There are several month-to-month tenants who separately occupy one storefront (barber), the warehouse and parking lot (landscaper), and one residential unit. The property is heated by natural gas. The annual taxes are $58,781. This is a one-of-a-kind opportunity for an investor, owner user or developer.