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Renovated Strip Mall with Parking

163-175 Nassau Road, Hempstead, NY 11575

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For Sale

$4,000,000

Renovated strip mall with 22-space parking, offering an income-producing retail mix with access to major roadways.

Type:Retail

Property size:

3,085 SF

Price / SF:

$1,296/SF

HighLights

Renovated strip mall built in 1949
22 parking spaces on site for tenants and customers
Window/wall unit cooling and heating (3)
Close to major roadways: near Southern State Parkway, Meadowbrook State Parkway, and Sunrise Highway
1.4 miles from the Freeport LIRR station

We can help!

Listing Contact

Mathew Klein

Learn more

For Sale

$4,000,000

Renovated strip mall with 22-space parking, offering an income-producing retail mix with access to major roadways.

Type:Retail

Property size:

3,085 SF

Price / SF:

$1,296/SF

Added:: Apr 7, 2026
Days on Market:: 69
Last Refresh:: Jun 14 at 1:55 am

Property Features for 163-175 Nassau Road

General Information

Standard status: Active
Size: 3,085 SF
Property subtype: Retail

Building Details

Year Built: 1949

We can help!

Listing Contact

Mathew Klein

Listing agent Mathew Klein

Listing office Developing Dreams Realty USA

Listing date Apr 7, 2026

Source Xome

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 Developing Dreams Realty USA

HighLights

Renovated strip mall built in 1949
22 parking spaces on site for tenants and customers
Window/wall unit cooling and heating (3)
Close to major roadways: near Southern State Parkway, Meadowbrook State Parkway, and Sunrise Highway
1.4 miles from the Freeport LIRR station

Overview

This strip mall at 163-175 Nassau Road was renovated in 2016 and currently features existing occupancy. The property is offered as a value-add short sale opportunity, with market rents described as being in place on occupied units and room to improve results through lease optimization and operational improvements. On-site parking includes 22 spaces, supporting convenient tenant and customer access.

The property is positioned near the Southern State Parkway and Meadowbrook State Parkway for straightforward regional connectivity. It is also described as being just 1.4 miles from the Freeport LIRR station and Sunrise Highway, which can help improve overall accessibility for customers.

For buyers and investors seeking a retail-focused asset, this offering combines an already-renovated exterior and parking setup with a current income base. It may be well suited for an owner-operator or investment buyer looking to focus on leasing refinements and day-to-day operational enhancements while maintaining the existing occupied unit structure.

Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Location Insight

Map
Local Demand

City: Hempstead
County: Nassau
State: New York
Longitude: -73.5887153
Latitude: 40.6765021

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For sale
Strip malls
NY
Hempstead
11575
163-175 Nassau Road

What type of property is this?

Strip mall - Renovated strip mall with 22-space parking, offering an income-producing retail mix with access to major roadways.

Where is this strip mall located?

The property is located at 163-175 Nassau Road Hempstead, NY.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Renovated strip mall built in 1949; 22 parking spaces on site for tenants and customers; Window/wall unit cooling and heating (3)