Property profile

1175 Grand Ave Baldwin, NY 11510

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 1175 Grand Ave, Baldwin, NY 11510, within a thriving Nassau County strip mall. Priced at $135,000, this well-established business, operating for 28 years, offers immediate potential for a new owner. The restaurant is renowned for its authentic Caribbean baked goods and West Indian cuisine, boasting a loyal customer base ready for continued patronage. The sale includes a fully equipped kitchen featuring state-of-the-art equipment, including drought breakers, Hobart mixers, and ovens. A spacious basement provides ample storage space for inventory and additional equipment. The property is zoned 7B, ensuring compliance with local regulations. The high foot traffic location within the bustling strip mall guarantees a steady stream of potential customers. This is a rare chance to acquire a profitable, established business with a rich history and a proven track record, ready to generate income from day one. The opportunity to own and operate a beloved community staple, continuing its legacy, is now available. Don't miss this chance to become part of Baldwin's culinary scene.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1175 Grand Ave Baldwin, NY 11510
Baldwin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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