700 Woodfield Rd West Hempstead, NY 11552
- Grocery and convenience stores
- 10,000 SF
- 0.75 lot acres
Current Use by Public Records
- ATM / Atm
Property Details for 700 Woodfield Rd
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.75 lot acres
- Property size
- 10,000 SF
- Property type
- Grocery and convenience stores
- APN
- 35-436-00-0739
- APU
- 35436000739
Description
This exceptional 10,000-square-foot vacant retail building presents a remarkable investment opportunity in West Hempstead, NY. Located at 700 Woodfield Road, this single-story, freestanding structure sits on a sizable 0.75-acre lot (32,501 sq ft) and boasts 13-foot ceilings, offering significant flexibility for various uses. Previously operating as a supermarket, the property includes a full 10,000-square-foot basement with multiple walk-in refrigerators and freezers, ideal for food-related businesses or adaptable to other needs. The building's dimensions are 100' x 100', allowing for potential subdivision. Benefitting from tremendous exposure with 163 feet of frontage on Woodfield Road, just south of Eagle Avenue and directly across from the Lakeview Long Island Railroad Station, this location ensures high visibility and accessibility. Conveniently situated near major thoroughfares, including Hempstead Avenue and the Southern State Expressway, the property enjoys easy access for both customers and employees. The surrounding area demonstrates strong demographics, with over 262,439 residents within a three-mile radius and an average household income exceeding $170,000. The property is zoned for Light Manufacturing, further expanding its potential uses. This is a prime opportunity to acquire a versatile, well-located commercial property in a thriving market. The asking price is $2,900,000.
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
- West Hempstead
- County
- Nassau
- State
- New York
- Longitude
- -73.6529
- Latitude
- 40.6858
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA