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Turn-Key Corner Restaurant Space
For Sale
$100,000

346 Central Ave, Lawrence, NY 11559

Fully equipped restaurant with permitted fire suppression, hood, and an included outdoor area for immediate operation.

Property Size2,000 SF
Price / SF$66.67
Days on Market94

Property Features for 346 Central Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Additional Details

Business Included Yes
Sprinkler System Yes
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $15,052

Building Details

Building Size 2,000 SF
Year Built 1918
Tenancy Single
Listing Agency: Douglas Elliman Real Estate
Listed By: Jonathan Yunger · License #10401334048
Source: Elliman
Added: Jun 3 Changed: Aug 23 Last Checked: Sep 1 at 8:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

This turn-key corner restaurant space is configured and fully equipped for immediate operation. The offering includes the commercial hood and kitchen equipment, with critical systems already installed and permitted, including an Ansul fire suppression system. Gas work and the trap system have also been completed and permitted. The space features a windowed corner layout and soaring ceilings that create an open, high-visibility dining atmosphere, and it also includes an outdoor area suitable for expanded seating or an outdoor café setup.

The property is located on Central Avenue in the heart of Lawrence, on the border of Cedarhurst. This commercial corridor serves the Five Towns area and is positioned to capture both foot and vehicle traffic from surrounding communities including Cedarhurst, Woodmere, Hewlett, and Inwood.

For restaurateurs and operators seeking a built-out space without the usual lead times for sourcing equipment and completing infrastructure, this presents a practical, ready-to-run option. With major components already in place and permitted, the space is designed to reduce startup barriers and support a straightforward path to opening and operating a restaurant concept.

Key Highlights

  • Fully equipped restaurant space in a corner, windowed layout with over 1,500 SF and soaring ceilings
  • Permitted Ansul fire suppression system included and in place
  • Commercial hood is installed and operational

Property Analytics

Current Use

SL’SHOLOGY Restaurant

Suggested Use

Top Pick Tattoo & Piercing Shop Pet Grooming Service Nursing Home Pet Store Pet Store & Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

2,214
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Dining 18%
Capital One Bank Shops & Services
7,497 visits/mo 0.2 miles
Bank of America Shops & Services
6,179 visits/mo 0.1 miles
Citibank Shops & Services
3,778 visits/mo 0.3 miles
Rita's Italian Ice Dining
2,876 visits/mo 0.2 miles
Haagen-Dazs Dining
1,051 visits/mo 0.3 miles

Demographics for 11559, NY

8,709
Population
2,849
Households
3.1
Avg Household Size
36
Median Age
56%
College-Educated
89%
High-School Grad
4.2 sq mi
ZIP Area
2,074
Density / Sq Mi
$156,429
Median Household Income
$70,023
Median Earnings
$2,031
Median Rent
$1,108,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant with permitted fire suppression, hood, and an included outdoor area for immediate operation.
Where is this conventional restaurant located?
The property is located at 346 Central Ave Lawrence, NY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fully equipped restaurant space in a corner, windowed layout with over 1,500 SF and soaring ceilings; Permitted Ansul fire suppression system included and in place; Commercial hood is installed and operational
More about this property
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