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158 Main St Hempstead, NY 11550

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Pending
$5,580,000

Retail strip mall with high income potential in Hempstead.

Lot size:
0.42 Acres

Property Features for 158 Main St

General Information

Property type
Commercial
Standard status
Pending
Lot size
0.42 Acres

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Listing Contact
Li Li
Source: Elliman

Listing Agent: Li Li

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

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Overview

Hempstead Retail Investment Opportunity

This retail investment property is located at 158 Main Street in Hempstead, New York. The property is a 22,753 square-foot retail strip mall containing eleven stores. The property has a high-traffic location next to a large parking lot and the Hempstead LIRR station. The property has an annual net operating income of $305,464. There is only one vacant store, ensuring consistent rental income. The property requires minimal management.
Location Intelligence

Current Use by Public Records

Worldwide Revival Ministries Church J B ATM ... Atm Iglesia Avivamiento Mundial ... Church

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

  • Map
  • Local Demand
City
Hempstead
County
Nassau
State
New York
Longitude
-73.6260096
Latitude
40.7118579

FAQs

What type of property is this?
Strip mall - Retail strip mall with high income potential in Hempstead.
Where is this strip mall located?
The property is located at 158 Main St Hempstead, NY.
What is the asking price?
The asking price for this property is $5,580,000.
What are key features of this property?
This property features: - High annual net operating income: $305,464; - Prime location in the heart of Hempstead, NY; - High-traffic location next to a large parking lot and the Hempstead LIRR station
More about this property
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