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Mixed-Use Building Near Beach
For Sale
$1,150,000
Pending

166 W Park Ave, Long Beach, NY 11561

Grocery store with residential potential near the beach.

Property SizeContact for details
Days on Market199

Property Features for 166 W Park Ave

General Information

Standard status Pending

Taxes and HOA fees

Annual Taxes $32,996
Listing Agency: EXP REALTY
Listed By: Vincent Koo CBR SRS
Source: Exprealty
Added: Feb 5 Changed: Aug 23 Last Checked: Aug 23 at 10:41AM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This spacious building is located on a bustling street and is currently utilized as a well-established grocery store on the first floor. The upstairs is vacant, offering possibilities for business and residential use. The first floor features a fully equipped grocery store, complete with refrigeration units, shelving, and ample space for inventory. Large display windows allow for visibility and natural light. The property is situated a short distance from the beach. Long Beach is known for its vibrant community and thriving local businesses. The location has a walk score of 82, indicating it is very walkable, a bike score of 58, indicating it is bikeable, and a transit score of 38, indicating some transit options are available.

Key Highlights

  • Prime location on a bustling street with high visibility.
  • First floor is a fully equipped, established grocery store.
  • Upstairs is delivered vacant, offering a blank canvas for customization.

Property Analytics

Current Use

Long Beach TKD ... Training Center The Chop Shop Hair Salon

Suggested Use

Top Pick Hair Salon Daycare Center Law Firm Barber Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11561, NY

39,132
Population
18,442
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
4.0 sq mi
ZIP Area
9,783
Density / Sq Mi
$132,903
Median Household Income
$72,221
Median Earnings
$2,462
Median Rent
$676,600
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Felicia Restaurant & Bar 26 E Park Ave, Long Beach, NY 11561
  • Walgreens long beach, ny 11561

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Grocery store with residential potential near the beach.
Where is this grocery and convenience store located?
The property is located at 166 W Park Ave Long Beach, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Prime location on a bustling street with high visibility.; First floor is a **fully equipped, established grocery store**.; Upstairs is delivered vacant, offering a blank canvas for customization.
More about this property
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