Property summary
This exceptional Staten Island retail property at 114 Lincoln Avenue presents a lucrative investment opportunity. The 5,580 square foot building, situated on a 7,425 square foot lot, is a single-story structure with 11-15 foot ceilings. Currently operating as a thriving deli and grocery store, the business includes all necessary licenses: Electric & Tobacco cigarettes, NYS Lotto, Beer, and Deli & Hot food licenses. The asking price is $355,000. Monthly rent is $3,500. Key features include an ATM machine, a full basement, a new freezer, a full kitchen hood, and a walk-in freezer. The business benefits from an established customer base and strong weekly sales, including lottery sales. A dedicated employee provides excellent customer service. This turnkey operation offers immediate income potential and a solid foundation for continued growth in the vibrant Grant City neighborhood of Staten Island, NY 10306. The property's prime location and established business ensure a strong return on investment. This is a rare opportunity to acquire a profitable, established business with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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