92-12 Rockaway Beach Blvd, Rockaway Beach, NY 11693

This 800 square foot retail space, located at 92-12 Rockaway Beach Boulevard in Rockaway Beach, Queens, NY 11693, presents a unique investment opportunity. The property boasts a strong net operating income (NOI) of $14,174, resulting in a 0.31% cap rate. Currently operating as a turn-key wine shop, the single-story building sits on a 1,776 square foot lot and features 8-10 foot ceilings. The established business benefits from high foot traffic due to its location on a bustling block surrounded by restaurants and residential areas, with convenient access to public transportation. Its proximity to the beach and boardwalk further enhances its appeal and revenue potential during peak seasons. All necessary equipment and custom-built cabinets are included, ensuring a smooth transition for the new owner. The asking price for this exceptional property is $45,000. This is an ideal opportunity for an investor seeking a profitable, established business in a vibrant and growing community.