561 Broadway Babylon, NY 11704
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 561 Broadway
- Property type
- Commercial real estate
Description
This exceptional commercial property at 561 Broadway in Babylon, NY, presents a unique investment opportunity. Located on a corner lot with a traffic light, this site boasts an impressive daily traffic count of 47,600 vehicles, ensuring high visibility and accessibility for any business. The property is zoned E Business within the Town of Babylon, allowing for a wide range of uses, including office, retail, restaurant, automotive, and medical facilities. This flexibility makes it ideal for a variety of commercial ventures. Extensive due diligence has already been undertaken, with soil sample testing and soil borings completed, streamlining the development process for potential buyers. The property's prime location and versatile zoning regulations combine to create a compelling proposition for entrepreneurs and investors seeking a high-impact commercial space in a thriving community. The absence of existing structures allows for complete customization to suit specific business needs. This is a rare opportunity to acquire a strategically positioned commercial lot with significant development potential in a bustling area of Long Island. The high daily traffic count ensures maximum exposure and potential for customer interaction. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Babylon
- County
- Suffolk County
- State
- New York
- Longitude
- -73.334
- Latitude
- 40.7166
