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    55 Willis Ave Mineola, NY 11501

    For Sale
    $999,000

    Two-story retail building, high visibility, ample parking.

    Property size:
    3,426 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property at 55 Willis Ave, Mineola, NY presents a compelling investment or owner-user opportunity. The 3,426 square foot, two-story building enjoys a highly visible location directly across from The Allure Mineola, ensuring significant foot traffic and brand recognition. The property features two spacious floors, each with its own independent entrance, providing flexibility for multiple tenants or a single large operation. A sizable basement offers additional storage space, enhancing the property's overall utility. Currently configured for professional use, the building is well-suited for a variety of businesses, including but not limited to legal, financial, or medical practices. Convenience is maximized with a dedicated parking lot, eliminating the challenges often associated with urban commercial properties. The building's strategic location offers excellent access to public transportation and major roadways, simplifying commutes for employees and clients. Situated on a 0.12-acre lot, this property represents a rare combination of prime location, versatile space, and convenient amenities. The asking price is $999,000. This is a unique chance to acquire a thriving commercial property in a desirable Mineola location.

    Property Features for 55 Willis Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,426 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1902
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Emerald Estates Realty ... Real Estate Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mineola
    County
    Nassau County
    State
    New York
    Longitude
    -73.63651
    Latitude
    40.74057

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    FAQs

    What type of property is this?
    Retail property - Two-story retail building, high visibility, ample parking.
    Where is this retail property located?
    The property is located at 55 Willis Ave Mineola, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    (718) 631-8900
    Request Owner's contact information
    55 Willis Ave Mineola, NY 11501
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    Mineola, NY 11501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Willis Ave Mineola, NY 11501
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