33 Central AvePearl River, NY 10965

For Sale
$1,295,000

Restaurant, Bar, & Rental Units - $1.295M

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional mixed-use property, located at 33 W Central Ave in the heart of Pearl River, NY, presents a unique investment opportunity. The 5,528 square foot building boasts a thriving, established bar and restaurant on the ground floor. The commercial space features an open serving area, a stage, multiple restrooms, a fully equipped turnkey kitchen, a bar, and a sizable outdoor patio. Currently operating at 100% occupancy, this turnkey business offers immediate income potential. Upstairs, six individual boarding house units, each with its own bathroom, provide additional rental income streams. The sale includes both the business and the real estate, offering a complete and lucrative package. The property is zoned CC and operates under an Absolute NNN lease type. This is a rare chance to acquire a well-established, high-performing business with significant rental income in a vibrant downtown location. The asking price is $1,295,000, representing a price per square foot of $234.26. Detailed financial information is available upon request. This is a truly remarkable opportunity for a savvy investor seeking a strong return on investment in a desirable New York location. The property is situated in Rockland County, NY, zip code 10965.

Highlights

  • Mixed-use property at 33 W Central Ave, Pearl River, NY, totaling 5,528 square feet.
  • Ground floor features an established bar and restaurant with a turnkey kitchen, stage, patio, and multiple restrooms; currently 100% occupied.
  • Six individual boarding house units upstairs, each with its own bathroom, provide additional rental income.
  • Sale includes both the business and real estate; zoned CC, Absolute NNN lease.
  • Asking price: $1,295,000 ($234.26/SF).

Location Insight

City
Pearl River
County
Rockland
State
New York
Latitude
41.058904008277
Longitude
-74.023060183769
33 Central Ave, Pearl River, New York
Leaflet | © OpenStreetMap contributors

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33 Central Ave
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