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    OFF-MARKET
    Retail properties & Spaces

    7 Grand St, Mount Vernon, NY 10552

    2,015 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,015 square foot retail space at 7 W. Grand St, Mount Vernon, NY 10552, presents a unique investment opportunity. Located in a high-traffic area of Westchester County, this single-tenant property boasts excellent visibility and accessibility. Previously a fitness facility, the space offers flexibility for various commercial uses, subject to municipal approvals. Its prime location benefits from proximity to a large supermarket, a 23,000 square foot CVS, and a bustling pedestrian area with nearly 8,000 vehicles passing daily. Convenient street and municipal parking options are available. The property enjoys a strategic position between established businesses such as Clara’s Hair Studio, John & Toney’s Pizza, Jungle Restaurant, and a popular diner, as well as larger anchors like Capital One Bank and AppleMed Urgent Care. Public transportation is readily accessible with bus stops at the corner and proximity to the Fleetwood Metro-North train station. A significant advantage is its location adjacent to a newly constructed 249-unit, 18-story residential complex, ensuring a substantial and growing customer base. This presents a compelling opportunity for businesses seeking high visibility and convenient access within a thriving community. The property is a ground floor space in an 18-story building.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,015 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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