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504 Fifth Ave Pelham, NY 10803

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For Sale
$1,098,000

High-traffic Pelham business, established tenant.

Property size:
1,915 SF

Property Features for 504 Fifth Ave

General Information

Property type
Other commercial real estate
Square Feet
1,915 SF
Lot Size
2,178 SF

Building Details

Year Built
1980

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Listing Contact
Maurice Owen-Michaane
Maurice Owen-Michaane

Listing Agency: Capital Realty NY LLC Listing Agent: Maurice Owen-Michaane

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 1,915 square foot commercial property, located at 504 Fifth Avenue in Pelham, NY, presents a unique investment opportunity. Situated on a 0.05-acre lot in a desirable suburban area, this property boasts a strong existing tenant base, ensuring immediate income potential. The open layout offers flexibility for various business types, from retail to office space. Its prime location within a bustling community guarantees high foot traffic and proximity to numerous amenities, including restaurants like Sergio's, cafes, shops, and fitness centers. The property also offers significant development potential. Current zoning allows for the addition of a second floor, and Pelham's BDFZ law presents possibilities for residential conversion. This combination of immediate income generation and substantial future development potential makes this a rare and attractive investment in a thriving Pelham community. The property's versatile design allows for easy customization to suit diverse business needs, maximizing efficiency and productivity. Don't miss this chance to own a thriving commercial space with significant upside.
Property Profile Location Intelligence

Current Use by Public Records

Ballet Arts Training Center Centre Stage Dance Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Pelham
County
Westchester County
State
New York
Longitude
-73.80533
Latitude
40.91876

FAQs

What type of property is this?
Commercial real estate - High-traffic Pelham business, established tenant.
Where is this commercial real estate located?
The property is located at 504 Fifth Ave Pelham, NY.
What is the asking price?
The asking price for this property is $1,098,000.
More about this property
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