Listing Agency: Astor Lane Realty Show Phone

Listed By: Stephen Zondorak Show Phone

Source: Astorlanerealty

Added: May 25 Changed: Oct 22 Last Checked: Oct 22 at 1:51AM

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Investment Insights

Based on property information with market context.

Fair Harbor Market is a grocery and convenience business with four main grocery aisles, deli cases, and a substantial beverage section. Food service and storage equipment includes a walk-in refrigeration box behind the deli counter, a walk-in freezer, dual walk-in coolers, refrigerated display cases, and multiple box freezers. Additional features include a commercial ice machine, a high-capacity ice maker, an electric grill, and a cooking hood with integrated fire suppression. An adjoining service window offers breakfast, lunch, and ice cream. The second floor contains a two-bedroom apartment.

The business operates annually from May through October and has served the area since 1968. Its stated service area includes Fair Harbor, Dunewood, Lonelyville, Atlantique, Saltaire, and Kismet. The sale includes both the operating business and the commercial real estate at 21 Broadway in Fair Harbor.

Key Highlights

• Grocery business and commercial real estate offered together
• Operating history dating to 1968; open annually from May through October
• Four main grocery aisles, deli cases, and an extensive range of refrigerated displays

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Building Supply Kitchen & Bath Showroom

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

Turnkey business

Opportunity

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

495

Businesses Nearby

31k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 84% Electronics 16%

Teachers Federal Credit Union (TFCU) Shops & Services

13,085 visits/mo 0.4 miles

Sunoco Shops & Services

5,878 visits/mo 0.3 miles

7-Eleven Shops & Services

4,216 visits/mo 0.3 miles

P.C. Richard & Son Electronics

3,642 visits/mo 0.3 miles

Pep Boys Auto Parts & Service Shops & Services

1,384 visits/mo 0.3 miles

Demographics for 11706, NY

66,263

Population

21,435

Households

3.1

Avg Household Size

37

Median Age

26%

College-Educated

82%

High-School Grad

16.9 sq mi

ZIP Area

3,921

Density / Sq Mi

$115,112

Median Household Income

$44,917

Median Earnings

$1,885

Median Rent

$464,300

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

Similar Off Market Nearby

• Sunoco — 1310 5th Ave, Bay Shore, NY 11706

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Seasonal operations include deli service, prepared foods, and an adjoining breakfast, lunch, and ice cream window.

Where is this grocery and convenience store located?

The property is located at 21 Broadway Fair Harbor, NY.

What is the asking price?

The asking price for this property is $2,999,999.

What are key features of this property?

This property features: Grocery business and commercial real estate offered together; Operating history dating to 1968; open annually from May through October; Four main grocery aisles, deli cases, and an extensive range of refrigerated displays