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Mixed-Use Property with Storefront Expansion

97-56 Corona Avenue, Corona, NY 11368

For Sale
$90,000

Permits allow the storefront to be enlarged, with modern equipment and inventory already in place.

Property SizeContact for details
Days on Market41

Property Features for 97-56 Corona Avenue

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Business Included Yes
Listing Agency: Arrieta Real Estate Inc
Listed By: Julio C. Maldonado · License #10401397146
Source: Neilcharlesrealestate
Added: Sep 30 Changed: Nov 9 Last Checked: Nov 8 at 3:57PM

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 Arrieta Real Estate Inc

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes a business operation with modern equipment and stocked inventory. The storefront has permits for an expansion, providing an approved path to add commercial space.

Key Highlights

  • Permits are in place for a storefront expansion
  • Modern business equipment is included
  • Stocked inventory is part of the business offering

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Nursing Home Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

5,055
Businesses Nearby
200k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 39% Home Improvements & Furnishings 8% Electronics 4%
McDonald's Dining
42,064 visits/mo 0.2 miles
White Castle Dining
21,521 visits/mo 0.4 miles
Speedway Shops & Services
19,441 visits/mo 0.4 miles
Citibank Shops & Services
16,364 visits/mo 0.3 miles
TD Bank Shops & Services
16,130 visits/mo 0.3 miles

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Queens County, NY

$758 Jul
$684 Aug
$604 Sep
$582 Oct

Properties on Market for Mixed-use properties in Queens County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Permits allow the storefront to be enlarged, with modern equipment and inventory already in place.
Where is this mixed-use property located?
The property is located at 97-56 Corona Avenue Corona, NY.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Permits are in place for a storefront expansion; Modern business equipment is included; Stocked inventory is part of the business offering
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