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    OFF-MARKET
    Retail properties & Spaces

    114 Lincoln Ave, Staten Island, NY 10306

    5,580 SF
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Total area 5,580 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
    Current use
    Occupant on record · Public records
    • Lincoln Superette Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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