71-04 Grand AveQueens, NY 11378

  • Retail properties
  • 4,446 SF
For Sale
$140,000 View listing

Property Details for 71-04 Grand Ave

Year built
1930
Property size (Sq ft)
4,446 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional Queens restaurant presents a unique turnkey opportunity for a savvy investor or restaurateur. Located at 71-04 Grand Avenue in the vibrant Queens neighborhood (zip code 11378), this three-story, 4,446 square foot property boasts a rich history, having been built in 1930. Currently vacant, the property offers a significant advantage for a new owner to establish their vision without the need for extensive renovations. The asking price is $140,000, representing a compelling investment in a well-established location. The interior features a fully equipped kitchen, including two gas stoves, two large gas stoves, a fryer, three freezers (one for vegetables and two for meat), a walk-in cooler, an ice machine, a dishwasher, three sinks, and ample prep space. The dining area comfortably accommodates 65 guests, with seven booths and three tables with chairs. Additional features include a bar, a backyard area, a full basement with an office, two bathrooms, a storage closet, and two tablets. The property also includes one large refrigerator, one small two-door refrigerator, a rice warmer, and a storage table. The lease has a remaining term of nine years, providing long-term stability for the new owner. This is a rare chance to acquire a fully equipped, ready-to-operate restaurant in a prime location. The seller is highly motivated and open to negotiations. Five units are included in the sale.

71-04 Grand Ave, Queens, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7277
Longitude
-73.8919

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