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Turnkey Restaurant-Deli Opportunity
For Sale
$299,987

281 Clinton Street, Hempstead, NY 11550

Fully renovated restaurant/deli with all equipment and inventory included, plus a large basement for storage and operations.

Property SizeContact for details
Days on Market40

Property Features for 281 Clinton Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $32,268

Amenities

Central air
Central Air Cooling
Natural Gas Heating

Building Details

Year Built 1949
Listing Agency: EXIT REALTY EDGE
Listed By: KARINA L. MERMIS CBR MRP PSA RENE
Source: Corcoran
Added: Jul 14 Changed: Aug 21 Last Checked: Aug 21 at 8:42AM

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 EXIT REALTY EDGE

Investment Insights

Based on property information with market context.

This fully renovated restaurant/deli at 281 Clinton Street is set up for immediate operation, with brand-new equipment, finishes, and interior improvements throughout. The sale includes inventory and equipment, and the commercial kitchen is fully equipped with premium hoods, sinks, refrigerators, stoves, and other kitchen equipment. The property also features new plumbing, new electrical, updated utilities, a double high-efficiency water heater, renovated restrooms, brand-new flooring, and a new POS/check-out register system.

The property is located on a highly visible corner at a busy intersection with both strong vehicle and foot traffic. A large basement provides additional storage and operational space.

All renovations are stated as completed to current code requirements, and the establishment is described as turnkey for a new owner seeking a move-in-ready setup.

Key Highlights

  • Fully renovated restaurant/deli with all equipment and inventory included with the sale
  • Year built 1949 with new plumbing, new electrical, and updated utilities
  • Commercial kitchen fully equipped with premium hoods, sinks, refrigerators, stoves, and other kitchen equipment

Property Analytics

Current Use

Agape Ministries, Inc. Church

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Butcher Pet Store Pet Store & Service

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

2,555
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Shops & Services 38% Dining 17% Apparel 7%
Bravo Supermarkets Groceries
16,794 visits/mo 0.4 miles
Key Food Supermarkets Groceries
16,330 visits/mo 0.4 miles
Checkers Dining
8,815 visits/mo 0.5 miles
BP Shops & Services
8,630 visits/mo 0.2 miles
Millennium Toyota Shops & Services
8,588 visits/mo 0.4 miles

Demographics for 11550, NY

61,901
Population
19,579
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
14,738
Density / Sq Mi
$86,904
Median Household Income
$40,662
Median Earnings
$1,647
Median Rent
$446,500
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully renovated restaurant/deli with all equipment and inventory included, plus a large basement for storage and operations.
Where is this conventional restaurant located?
The property is located at 281 Clinton Street Hempstead, NY.
What is the asking price?
The asking price for this property is $299,987.
What are key features of this property?
This property features: Fully renovated restaurant/deli with all equipment and inventory included with the sale; Year built 1949 with new plumbing, new electrical, and updated utilities; Commercial kitchen fully equipped with premium hoods, sinks, refrigerators, stoves, and other kitchen equipment
More about this property
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