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Established Grocery Store with Basement Freezer
For Sale
$1,300,000

75-10 E 31 Avenue, East Elmhurst, NY 11370

Operating grocery business with imported foods, produce, beverages, tobacco, lottery sales, and a long-term lease.

Property SizeContact for details
Days on Market187

Property Features for 75-10 E 31 Avenue

General Information

Standard status Active
Property subtype Business Opportunity
Listing Agency: Winzone Realty Inc
Listed By: Padmoutie G. Singh · License #40SI0946922
Source: Cohenandcohenrealty
Added: Feb 13 Changed: Aug 18 Last Checked: Aug 18 at 3:42PM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

This operating grocery store has served its market for 21 years and carries a broad selection of everyday merchandise, including groceries, fruits and vegetables, imported foods, beer, soft drinks, cigarettes, and lottery products. Refrigerated beverage storage and a large basement freezer support the store’s product mix.

The property includes access to a backyard through a shared driveway. The business is subject to a 10-year lease and is located at 75-10 E 31 Avenue in East Elmhurst, NY 11370.

Key Highlights

  • Operating grocery business with 21 years of history
  • Includes groceries, produce, imported foods, beer, soft drinks, cigarettes, and lottery products
  • Large freezer located in the basement

Property Analytics

Current Use

American Desi Bazaar ... Grocery & Convenience Store Supermarket Bazaar Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Nursing Home Hotel & Motel (Bike/Boat/Book/etc) Store Daycare Center

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

4,437
Businesses Nearby
477k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Home Improvements & Furnishings 20% Dining 16% Apparel 14%
The Home Depot Home Improvements & Furnishings
93,325 visits/mo 0.4 miles
Marshalls Apparel
66,127 visits/mo 0.5 miles
Michaels Shops & Services
48,052 visits/mo 0.4 miles
Dollar Tree Shops & Services
46,718 visits/mo 0.4 miles
McDonald's Dining
39,873 visits/mo 0.3 miles

Demographics for 11370, NY

34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
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

  • Nabanno Supermarket 7112 35th Ave, Queens, NY 11372
  • Titash Supermarket 71-06 35th Ave, Jackson Heights, NY 11372
  • Mina Bazaar Halal Meat & Grocery 71-10 35th Ave, Queens, NY 11372
  • Mina Bazaar Supermarket 7110 35th Ave, Queens, NY 11372
  • Food Universe Marketplace 34-14 Steinway St, Queens, NY 11101

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating grocery business with imported foods, produce, beverages, tobacco, lottery sales, and a long-term lease.
Where is this grocery and convenience store located?
The property is located at 75-10 E 31 Avenue East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Operating grocery business with 21 years of history; Includes groceries, produce, imported foods, beer, soft drinks, cigarettes, and lottery products; Large freezer located in the basement
More about this property
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