Property summary
This exceptional 55,000-square-foot warehouse in the Bronx, NY (zip code 10451), presents a lucrative investment opportunity. Built in 1992 and recently renovated, this retail and industrial property boasts a prime location at the entrance to a thriving commercial zone in the Tri-State area. The facility serves as a major cash & carry wholesale distributor, supplying regional supermarkets, convenience stores, and bodegas with over 6,000 non-perishable food items, over-the-counter drugs, beauty aids, and other dry goods. The well-organized warehouse is fully stocked, utilizing pallet racking throughout the selling floor, and features a newly equipped frozen food section with walk-in refrigeration and display cases. Seven loading docks and ample parking accommodate efficient operations. The business, established 31 years ago, consistently delivers a positive customer experience, resulting in year-over-year growth, with 2023 projected as the best year yet. Sales are meticulously recorded, and the business benefits from online ordering and sales agents. The property includes an advanced security camera system and alarm, and the company owns four delivery trucks. The asking price is $14,500,000. This is a rare chance to acquire a thriving, established business with significant growth potential in a high-demand location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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