Renovated Strip Mall with
163-175 Nassau Road Hempstead, NY 11575
For Sale
$4,000,000
Renovated strip mall with 22-space parking, offering an income-producing retail mix with access to major roadways.
Property Size3,085 SF
Price / SF$1,296
Days on Market134
Property Features for 163-175 Nassau Road
General Information
Standard status
Active
Size
3,085 SF
Property subtype
Retail
Building Details
Year Built
1949
Listing Agency:
Developing Dreams Realty USA
(631) 806-2421
Listed By:
Mathew Klein
(631) 806-2421
Source:
Xome
Added: Mar 19
Changed: Jul 10
Last Checked: Jul 29 at 3:55AM
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
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Renovated strip mall built in 1949
- 22 parking spaces on site for tenants and customers
- Window/wall unit cooling and heating (3)
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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)
